Don’t let your dreams wait.
Whether you're planning a major purchase, consolidating debt, or covering unexpected expenses, our smart comparison tools ensures you find the perfect loan for your needs.
Choose a loan based on your requirements
Choose from a range of personal loan options tailored to fit your unique financial situation and goals. Whether you need a small amount for a short-term need or a larger sum for a significant purchase, we have plenty of options to pick from.
Finer works with different lenders in the UAE and can offer you a loan amount upto 20 multiples of your salary.
Customize your repayment schedule to align with your budget and financial goals.
Benefit from competitive rates that save you money over the life of the loan.
Islamic finance products are available where banks buy the product and sell it to their customer with a profit margin.
Personal loan eligibility criteria in UAE
Personal loans are taken for meeting personal expenses. Procuring a loan in UAE requires you to meet certain conditions before you can apply for them.
The age requirements for a personal loan in UAE requires the you to be a minimum age of 21 years and a maximum of 65 years at the time of loan maturity.
To avail a loan it is mandatory to be employed by an approved UAE Employer. The applicants also meet a minimum salary requirement.
You are required to possess UAE Citizenship or residency to be eligible for a personal loan.
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Documents required for application
It is important that you have the required documentation to apply for a personal loan in the UAE.
A valid passport with UAE residence visa and Emirates ID.
A Bank statement for a period of last 3-6 months is to be submitted as a proof of regular income.
A salary certificate mentioning gross and net salary has to be submitted as well. In some cases, providers may also request for a salary transfer letter.
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Frequently asked questions
Your age, salary, credit bureau score and your existing borrowing obligations determine your eligibility for a loan. You may get in touch with Finer for free assessment and eligibility check.
Yes, the current salary requirement is AED5000.
You may borrow upto 20 multiples of your monthly salary. Max tenure is 48 months.
Salary tranfer loans are cheaper compared to non salary transfer. You will have to assign your monthly salary and end of service benefits to lender till such time you completely repay the loan amount.
Yes, after succesfully repaying a set minumum number of monthly installments. Subject to eligibility and lenders approval.
The process of transffering your existing personal loan is called buy out loan. This is usually done to reduce the interest / installment burden or to avail additional credit or combination of both.
Finer can handle your buy out loan transaction end to end. All you need to do is to secure a liability letter from your existing bank. You may obtain the liability letter through online / phone banking or by visiting a bank branch.
Yes. You may early close the loan by paying principal outstanding along with an early settlement fees, currently 1%.