If you find yourself in a financial crunch, there are many banking forums to borrow from in UAE. Life can deal unexpected hands and every time your savings might not be sufficient for a monetary crisis.
If you want to apply for loan in UAE, visit moneyingulf.com, enter in your financial history and details and their team will brief you about your best options.
Here is some useful information in this regard:
Personal Loan:
Personal loan is a sort of unsecured loan and involves no salary transfer. Many banks in UAE offer this funding option to help clients out during a financial problem. The terms are settled based on credit history and convenient repayment terms make the process easier for applicants repayment. The repayment is conducted through EMIs. The loans are approved keeping in view the credit history of the applicant and their apparent ability to repay the amount.
Benefits:
A great thing about this sort of loan is that banks do not inquire about reasons for borrowing money so it is processed quickly and the client can have rapid access to funds for any sort of emergency.
The EMI amounts for this loan are relatively better than other loans, especially credit card loans and the applicants do not have to pay foreclosure charges.
There is no complicated documentation or processing involved.
To apply for loan, applicants do not have to seek prior permission from employer or go into any sort of hassle.
Some prominent banks that provide this option in UAE are:
- First Gulf Bank: Minimum monthly income of applicant should be AED 10,000
- Citi Bank: Minimum monthly salary should be AED 8,000
- Emirates NBD: Ask for minimum monthly income of AED 3000
- Dubai Islamic Bank: Individuals with monthly earning of at least AED 3,000 are eligible
- Mashreq Bank: Salary should be at least AED 5,000
- Finance House : People with minimum monthly income of AED 8,000 can apply for personal loan at this bank
- Ajman Bank: Monthly earning of applicant should be at least AED 10,000
- United Arab Bank: Hopeful applicant should have a monthly salary of at least AED 6,000
Visit moneyingulf.com for more guidance and valuable information!
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius, call/whats-App Contact Number +918929509036 via email:(urgentloan22@gmail.com) Thank you.