Rak Bank Personal Loan

RAKBANK Personal Loan! Get high Personal Loan amounts at low interest rates, with flexible repayment of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff). - STL - Salary Transfer Loans

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RAK BANK Personal Loans

Got a long wish list, start ticking it off with a RAKBANK Personal Loan!

Get high Personal Loan amounts at low interest rates, with flexible repayment of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff).

  • AED 5,000MIN SALARY , You require a minimum salary of 5000 per month to be eligible
  • 9% REDUCING RATE  (EST. EQUIVALENT)
  • 1%ARRANGEMENT FEE
  • AED 650,000MAX FINANCE AMOUNT
  • SALARY TRANSFER

RAKBANK_LOANS

Already have a Personal Loan with another bank in the UAE? Switch it to RAKBANK quickly and easily. After just six months of regular RAKloan repayments, you can apply for a one month deferred payment and after one year of regular RAKloan repayments you can top up your RAKloan to the original amount. Keep it simple! You don’t have to maintain a minimum balance in your RAKloan account. Get additional FREE insurance protection up to the value of your Personal Loan.

 

It doesn’t get easier than this

  • Quick approvals
  • Competitive interest rates
  • Flexible repayment periods of up to 48 months
  • Top up loan after 1 year
  • Easy does it! Hassle-free loan takeovers from other banks
  • FREE RAKBANK Debit Card and personalized cheque book*
  • FREE RAKBANK Credit Card with no annual fee ever and low interest rates
  • 24-hour, 7-day Phone Banking services
  • Easy documentation

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