Best Personal Loans in UAE
Personal Loan Provider | Flat Interest Rate | Reducing Interest rate |
---|---|---|
ADCB Personal Loan | 4.75 % | 8.86 % |
RAKBANK Personal Loan | 3.99 % | 5.99 % |
Dubai Islamic Bank Personal Loan | 6.00 % | 11.00 % |
Emirates NBD Personal Loan Without Salary Transfer | 8.39 % | 14.99 % |
In this manner, what is the EMI for 3 lakhs personal loan?
Calculated Monthly EMI for 300000 of loan amount for 3 years at various rate of Interest :
Loan Amount | Rate of Interest | Per Month EMI |
---|---|---|
3 Lakh | 14.00% | Rs.10253.29 |
3 Lakh | 15.00% | Rs.10399.6 |
3 Lakh | 16.00% | Rs.10547.11 |
3 Lakh | 18.00% | Rs.10845.72 |
Types of Personal Loan in UAE for Expats | Loan Amount | Flat Interest Rate |
---|---|---|
HSBC Personal Loan for Expats | AED 750,000 | 3.58% |
CBD Personal Loan | AED 750,000 | 3.03% |
Mashreq Bank Personal Loan for Expatriates | AED 1 million | 3.58% |
Noor Bank Personal Loan | 20 times of applicant’s salary | 3.49% |
Similarly one may ask, which app gives loan immediately in UAE?
Which bank gives personal loan easily?
HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre- approved for a Personal Loan, they can easily apply for it. Lower interest rates: Interest rates on Personal Loans are lower than other sources.
Which bank has the lowest interest rate for personal loan?
HDFC Bank, ICICI Bank, Kotak Bank offer the lowest interest rate starting at 10.25% and can be considered the best bank for a personal loan.
Which private bank is best for personal loan?
Top Private Sector Banks Offering Personal Loans
Bank | Interest Rate (p.a.) | Repayment Tenure |
---|---|---|
ICICI Bank | 11.25% onwards | 12 months to 60 months |
Axis Bank | 16% to 24% | 12 months to 60 months |
HDFC Bank | 15.50% to 21.50% | 12 months to 60 months |
Kotak Mahindra Bank | 10.99% to 24% | Up to 60 months |