Interest rates starting from

Rakbank offers personalized loan solutions for UAE Nationals with competitive rates and flexible repayment options. Secure up to 20x your salary today.

UAE National Loans: Personal Loan For UAE Nationals | Rakbank UAE

UAE National Loan

RAKBANK offers personalized loan solutions for UAE Nationals with competitive rates and flexible repayment options. Secure up to 20x your salary today.

Rakbank offers personal loan designed especially for UAE Nationals

A loan that honours your ambitions

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UAE National Loan- Eligibility

How can I request a No Liability Certificate?

Conventional National Loan

Note, instalment amount comprises of repayment towards principal and interest. Please note the interest calculation is not based on the actual no. of days in the month as this will depend on the exact date of your loan disbursal. This repayment schedule is only a guide and the actual repayment schedule will vary and be provided to you at the time of loan disbursal.

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Eligibility & Fees

Your ideal loan, closer than ever

UAE National Loan - You’re closer to your ideal loan 

Flexi Fixed Deposit

UAE Youth National Loan - Flexible payments

Pay your first instalment in up to 180 days, with a repayment period of up to 48 months, or 60 months for Armed Forces staff.

Flexible payments

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Download the Rakbank Mobile app!

Discover the Rakbank App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

Scan the QR code to download the app from the Google Play Store

Standard Current Account - RakMobile

Bank on the go anytime, anywhere

UAE National Loan - Additional advantages

After 1 year of repayments, you can top up your loan and access additional funds whenever the need arises.

Additional advantages

Select Titanium Mastercard

Do I need to transfer my salary to Rakbank to obtain a UAE National Personal Loan?

UAE National Loan - With Salary Transfer

Fees

Use our branch and ATM machine locator to find the nearest RAKBANK facility to you within the Middle East, in just a few clicks. Timings are available too.


RAKBANK Branches And ATM Machines Near Me In UAE |RAKBANK UAE

Branches & ATMs

Segment - Personal

Minimum 3 months employment at a Bank-approved company

Eligibility requirements: Minimum 3 months or confirmed in current job. Employer listed in Bank Approved List of Companies.

UAE National Loan - Processing Fee

UAE Ntational Loan - Eligibility

Eligibility

UAE National Loan - Designed for you

Loan Features

Whether you're planning something big or managing the unexpected, this loan gives you the financial room to do it on your terms. Borrow up to 20 times your salary, and take up to 180 days before your first instalment is due.

Designed for you

No valuation fees

UAE National Loan - Fees

Interest rates starting from 4.39% reducing rate p.a. 

Interest rates starting from 4.89% reducing rate p.a. 

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Minimum monthly salary of AED 3,000

Minimum monthly salary/income: AED 3,000 for salaried individuals

How can I access my loan repayment schedule?

No downpayment applicable

AED 50,000-above

*minimum AED 525, maximum AED 2,625 (incl. VAT)
For more details about our UAE National Loan fees and charges, please refer to our&nbsp;<a title="Personal Loan Service and Price Guide" href="/globalassets/rakbank/all-pdfs/001---service-and-price-guides/bilingual/018-sp-vat-personalloan1.pdf" target="_blank" rel="noopener">Service and Price Guide</a>.
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Option to defer instalment payment twice per year

UAE National Loan - We’re here to help

Call Deposit

Can I make a partial early repayment towards my Personal Loan?

UAE Home Loan - Help Card

I already have a UAE National loan. Can I apply for additional financing? 

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Max tenor: 48 Months for non MOD customers, 60 Months for MOD customers

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Call Me Back Option - Personal/Business start 5000

Submit your details and we’ll be in touch soon

Call me back

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Key Fact Statement

Application Form

Terms and Conditions

Service and price guide

UAE National Loan - Relevant Links

Employment and salary requirements:

Customer must be a salaried individual with:
<ul>
<li>A minimum monthly salary of AED 3,000 and a minimum of 3 months employment in current job</li>
<li>Employer should be listed among Rakbank&rsquo;s approved list of companies</li>
<li>Salary transfer to Rakbank is required</li>
</ul>
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UAE National Loan - Salaried individuals

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AED 5,000-19,999

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How can I request a Liability Certificate?

AED 20,000-49,999

Can I settle my Personal Loan before the end of the loan term?

Open to UAE Nationals

When will my loan be credited after approval?

Max loan amount: Up to 20 multiples of customer's salary

Deposit

PL UAE national loan - Apply From RakMobile

Available to salaried employees with a minimum income of AED 3,000

Apply through the RAKBANK App

UAE National Loan - Easy loan transfers

Move all your existing loans from any bank into a single personal loan with us, at better rates and on simpler terms.

Easy loan transfers from other banks

Easy loan transfers 

Salary transfer to Rakbank is required

Salary transfer to RAKBANK is required

How can I request to postpone a loan installment?

How much can I borrow with a Rakbank UAE National Personal Loan?

I'm experiencing difficulty making loan repayments. What support is available?

Chat with an agent

Find answers to our most commonly asked questions, all in one place.

FAQ’s Help Card

FAQs

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Calculator

Indicative National Loan Calculator

Benefits

How can I apply for a Rakbank UAE National Personal Loan?

Processing Fee: 1.05% of Loan amount, Minimum AED 525 and Maximum AED 2,625.

Processing Fee: 1% of Loan amount, Minimum AED 500 and Maximum AED 2,500.

Loan

Recurring Deposit

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Fixed Deposits

Deposits

What repayment terms are available for a Personal Loan?

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Standard Mastercard

<ol>
<li>Your Emirates ID</li>
<li>Your Passport with valid residency visa</li>
<li>Any of the following proof of income</li>
</ol>
<ul>
<li>Salary Certificate</li>
<li>Bank Statements</li>
<li>Payslips</li>
<li>Labour Contract</li>
</ul>

Visit A Branch

A specialist will be able to assist you with the process

Visit a branch

UAE National Loan - Low rates and high loan amounts

Borrow up to 20 times your salary at rates starting from 4.39% reducing rate p.a. That means more funds, at a rate that's fair.
 
*Rates are subject to change based on market conditions from time to time.

Low rates and high loan amounts

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Download the RAKBANK App!

Discover the Rakbank app and enjoy digital banking designed to fit your day. Manage your accounts, make secure transactions, and access smart features all in one simple, easy-to-use app

Download the Rakbank App!

RAKBANK mobile and digital banking features enabling customers to bank anytime, anywhere

Global - RAKBANK APP- Personal

Bank on the go, anytime, anywhere

What are the eligibility criteria and requirements for a Rakbank Personal Loan for UAE Nationals?

UAE National Loan - UAE nationals

How can I access my loan statement?

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