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The MEA Times
  • Middle East
    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

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    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

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    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

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    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

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  • Middle East
    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

    The Assets Net (TAN) Expands Capabilities and Global Presence with Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

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    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Business

    Europe's business jet industry aims for green rebrand – Regina Leader Post

    Dangote's mega oil refinery in Nigeria opens, awaits full production – Business Insider Africa

    Middle East News: UK business minister to visit Qatar, Saudi Arabia … – Gulf Digital News

    Ebix Europe Welcomes New Era for Competitive London Market … – GlobeNewswire

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    Meta Fined $1.3bn In Europe’s Largest GDPR Punishment to Date – WinBuzzer

    Smartphone shipments dropped to 8.8 million units in the Middle East in Q1 2023 – Techloy

    Honda ships China-made EVs to Europe for first time · TechNode – TechNode

    WHO (Europe) backs telemedicine, so power it effectively – Med-Tech Innovation

  • Lifestyle

    GMG takes Middle East's largest sports retailer Sun & Sand Sports global – ZAWYA

    Accessories marketplace Katchin expands into Europe – TheIndustry.fashion

    Cannes 2023 is a showcase for African cinema | Lifestyle | kxly.com – KXLY Spokane

    e-fuels “won't fundamentally change future powertrain mix in Europe … – Fleet World

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    NLP in Finance Market worth $18.8 billion by 2028

    Pharmaceutical Manufacturing Equipment Market Set to Reach $19.7 Billion by 2028: Growth Projections and Industry Analysis

    Tunnel Field Effect Transistor Market to Hit USD 2.3 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Prosthetics Market to grow at a CAGR of 4.5 percent to reach USD 2.5 Bn by 2029

    Controlled Release Fertilizers Granules Market to reach USD 976.84 Mn by 2029, emerging at a CAGR of 8.2 percent for (2022-2029)

    Data Science Platform Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2026

    Revenue Cycle Management Market worth $67.8 billion by 2026 – Exclusive Report by MarketsandMarkets™

    Revenue Cycle Management Market worth $67.8 billion by 2026 – Exclusive Report by MarketsandMarkets™

    Healthcare Big Data Analytics Market to grow at a CAGR of 20.5 percent during the forecast period

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Home Middle East

What One Needs to Get a Personal Loan in UAE

by admin
June 14, 2022
in Middle East
Four Things to Consider Before Applying for a Credit Card
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Arab Newswire Press Release Distribution to Media Arab World and MENA regions go to ArabNewswire.com

DUBAI, UAE — (ARAB NEWSWIRE) — A personal loan is an easy and convenient financial option while tackling situations that require large amount of funds that an individual may not be able to afford upfront. Whether it’s for a wedding, debt consolidation, home improvement, travel expenses or any medical emergencies, personal loans can be used flexibly. However, it is to be noted that personal loans cannot be used to make down payments on mortgages.

Several banks and financial institutions in UAE may offer personal loans to individuals who fulfil the specified requirements. Customers can avail a personal with or without a salary transfer. Some banks in UAE may require individuals to transfer their salary to the bank to avail a personal loan. So, it is important to check with the bank if they offer a loan with or without a salary transfer.

Requirements for a Personal Loan in UAE

There are multiple factors that a bank considers while providing a personal loan. An individual needs to fulfil these requirements to be eligible for a personal loan in UAE. Some of the requirements are mentioned below:

  1. Minimum Monthly Salary

Different banks in UAE have different minimum monthly salary requirements for a personal loan. While some banks offer personal loans to individuals who are new to the country, most banks require individuals to be employed for a few months and have a confirmed salary employment. Individuals need to check with their bank to know if they qualify for the loan accordingly.

  1. UAE Residency or Citizenship

To apply for a personal loan in UAE, an individual needs to be a UAE national or resident.

  1. Age Limit

The minimum age requirement set by most banks and financial institutes in UAE is 21 years.

  1. Good Credit Score and Repayment History

A good credit score and repayment history can play an important part in getting a personal loan in UAE.

Documents Required for Personal Loan in UAE

To avail a personal loan in UAE, individuals may need to submit the following documents:

  1. ID Proof of UAE

To apply for a personal loan, it is important for an individual to have a valid ID proof, such as passport copy or Emirates ID copy.

  1. Residency Proof

Some banks may require individuals to submit a valid residency proof while applying for a personal loan.

  1. Bank Statement of Minimum Three Months

To track regular salary credit and an individual’s earning potential, a bank may usually ask for a bank statement of minimum three months.

  1. Salary Slips and Income Certificates

Some banks may require individuals to submit their salary slips, salary transfer letters or income certificates to prove their employment.

Conclusion

Before applying for a personal loan in UAE, an individual needs to fulfil the above-mentioned personal loan requirements. It is advisable to plan the finances properly and calculate the equal monthly instalment (EMI) of the loan beforehand using a loan calculator. To enjoy a hassle-free loan application process, individuals can apply for a personal loan online.

About iQuanti
iQuanti ignites powerful and predictable digital marketing performance for global brands with an approach rooted in data science and deep vertical knowledge.

Notice:
Opinions, analyses, reviews, or recommendations expressed in this article are those of the select editorial staff’s alone, and have not been reviewed, approved, or otherwise endorsed by any third party.

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This press release is issued through Arab Newswire (www.arabnewswire.com) – a newswire service for the Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire™ (www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results™.

 





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Tags: Bank StatementCitizenshipID Proof of UAEIncome CertificatesMinimum Monthly Salarypersonal loan in UAEResidency ProofSalary SlipsUAE Residency
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      • إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين
      • Europe's business jet industry aims for green rebrand – Regina Leader Post
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