Your details are safe and secured
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Thank you for providing your details.Mashreq Personal Loan for Existing Customers
Personal Loan for Existing Customers
Features
- Provides Personal loans for existing customers without any delay.
- Get Instant online approval in 5 minutes
- Get loan up to 20X your salary and as high as AED 2 million
- You can enjoy low interest rates and 1st EMI deferral period of up to 90 days
- The Interest rate for expats starts from 5.99% up to 31.99% & for Emiratis starts from 5.99% to 12.99% (note: VAT not included in these interest rates)
- For approved companies minimum monthly salary is AED 5,000 and for unapproved companies it is AED 10,000
Benefits
- Get a loan offer instantly, just enter the basic details such as mobile number, passport number and upload Emirates ID.
- Just accept the loan offer if you are happy and the funds will be added to your account.
- Only minimal documents are required through Mashreq Salary transfer account to get the loan amount.
- Company approval is not compulsory for employees if the loan is offered from a preapproved company.
- The employment status should be a confirmed employee or length of service should be 6 months or more from the same company.
Overview
- Mashreq Bank provides you Mashreq Personal Loan where you can get a loan for your personal needs. You can pay for your education, holiday trip, home renovation and spend on anything you like. A convenient way to process the loan application and get instant approval through the digital loan process.
Frequently Asked Questions
Q. How can I use Mashreq's personal loan?
A. You can use a personal loan for any of your needs like vacation, renovation, wedding, child education, travel, medical emergencies, buying luxuries, needs or necessities, anything of your choice.
Q. Can a new employee get a loan facility?
A. Yes, a new employee can avail loan from the bank under ‘New to UAE’ or ‘New to Employer’
Q. How much is the loan offered by Mashreq bank?
A. You can get a loan up to 20 times of your salary and a maximum of AED 2 million.
Q. How is the interest earned?
A. The interest rates are competitive and the first EMI deferral period is 90 days
Q. How much is the cost of getting a Mashreq personal loan?
A. The cost of getting a personal loan is its processing fee, you can discuss with the bank officials regarding the amount of fees.
Mashreq
Mashreq Bank is a private sector bank established in 1967. It was started by Al-Ghurair Group and it also known as largest private sector bank. Mashreq Bank provides both retail and commercial services to their customers.
Mashreq provides a wide range of products and services that suits the needs of every customer. It works with an aim to provide their customers best banking experience and establish a good customer bank relationship. Mashreq Bank has marked its presence globally by starting their operations at regions like Bahrain, Egypt, Kuwait, Qatar. It also has branches in New York, Mumbai(India), London and Honk Kong.
Get in touch with Mashreq Customer Care