More Details on Personal Loan

Features

1. Competitive interest rate starting from 5.75%
2. High loan amounts of up to AED 2 million for UAE Nationals and AED 1 million for expats
3. Free life insurance to cover outstanding loan amount
4. Flexible repayment periods of up to 48 months
5. Current account with minimum balance requirement waived
6. Top-up of existing CBD Personal Loan
7. Buy-out or transfer of Personal Loan from other banks (with or without topping up the loan amount)
8. Free Debit Card for purchases and withdrawals
9. Deferment facility
10. Free Life Insurance to cover outstanding loan amount

Required Documents

1. National ID or valid passport, residence visa and Emirates ID
2. Original 3 months bank statement for new customers
3. Salary Certificate

Eligibility

1. Age Criteria: UAE National aged between 21 and 65 years (at the loan maturity) or Expatriate aged between 21 and 60 years (at the loan maturity)
2. If you are confirmed employee or with six months minimum length of service with a CBD approved employer
3. Minimum Salary: for employees in Dubai & Abu Dhabi AED 10,000, or AED 8,000 if you work in the Northern Emirates