6 Instant Approval Best Personal Loans in UAE 2024
Instant loans in UAE provide quick access to funds, making them ideal for those facing urgent financial needs. They are designed to offer fast, hassle-free processing, with approvals granted within hours or even minutes.
Minimum Salary 5000 AED
EMI Tenure up to 48 Months
Lowest Interest Rates
Get personal loan at Lowest Interest Rate
UAE banking institutions cater to both nationals and expats with flexible eligibility criteria and minimal documentation. As a borrower, you can easily access these loans for various purposes, including debt consolidation, emergencies, or personal expenses.
Top Instant Personal Loans in UAE
Here are the top 5 quick money loan options in the UAE -
1- Emirates NBD Salary Transfer Loans for Expats
Emirates NBD offers salary transfer personal loans for expats with attractive interest rates and flexible repayment tenures. It offers high finance amounts with repayment terms extending up to 48 months. This fast loan also provides additional benefits like a free bank account.
| Loan Amount | Up to AED 3 Million |
|---|---|
| First Instalment Deferment | Up to 60 Days |
| Number of Deferments | Up to 2 Non-Consecutive Deferments |
| Repayment Tenure | Up to 48 Months |
| Loan Return Period | 7 Days |
| Additional Perks | Zero Balance Account for Free |
| Salary Transfer | Yes |
2- ADCB Personal Loan for Expats
This instant money loan by ADCB provides quick access to funds with competitive interest rates. Owing to its swift process, you can quickly get a high amount with flexible repayment periods of up to 48 months. Additional benefits are also included, making it a convenient option for expats seeking financial assistance.
| Documentation | Simple and Quick |
|---|---|
| Loan Consolidation Facility | Yes |
| High Salary Multiples | Yes |
| Additional Perks |
|
3- RAKBANK Personal Loan
RAKBANK offers personal loan instant approval with flexible eligibility criteria and competitive interest rates, especially for expats. You can easily get a high finance amount with a flexible repayment tenure. This fast loan comes with minimal documentation and additional perks.
| Approval Period | 7 Days |
|---|---|
| Option to Switch Existing Loan to RAKBANK | Yes |
| Top-Up Option | Yes |
| Interest Rates | Low Reducing Rates |
4- Emirates Islamic Bank Personal Finance
Emirates Islamic Bank offers Sharia-compliant easy cash loans. Both UAE nationals and expatriates are eligible. This quick money loan offers competitive profit rates, quick approval, and various additional benefits.
| Product Type | Shariah-based Murabaha |
|---|---|
| Finance Amount |
|
| Repayment Tenure | Up to 48 Months |
| Approval Process | Easy and Instant |
5- Dubai Islamic Bank Personal Finance
Get instant loans from DIB, which is known for top-rated Shariah-compliant products in the UAE. Ideal for both UAE nationals and expats, this finance option is accessible to even those with a low salary.
| Finance Amount | Up to AED 4 Million |
|---|---|
| Salary Requirement | Low |
| First Instalment Deferment Period |
|
| Repayment Tenure | Up to 48 Months |
Instant Money Loans — Eligibility Criteria
Fulfil the following eligibility criteria to get a personal loan guaranteed instant approval in the UAE -
| Criteria | Requirements |
|---|---|
| Minimum Age | 21 Years |
| Salary (per month) | AED 5,000 or more |
| Nationality | Expatriate or UAE national |
| Employment Status | Salaried or self-employed |
| credit Score | As per the bank’s decision |
Note: Additional eligibility may apply.
Instant Loans — Documents Checklist
Submit the following set of documents to get instant loans in the UAE:
| For New Loans | For Loan Top-Ups | For Switching Loans |
|---|---|---|
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Note:
- All the originals and copies of documents must be presented.
- All documents must be valid.
- Additional documents may be required.
Can I Get Instant Loans via Policybazaar UAE?
Yes, you can easily get instant loans online at Policybazaar.ae. On this platform, you can find a plethora of instant cash loan options.
Click here and get your preferred easy cash loans from our quotes page.
Frequently Asked Questions
You may not get a personal loan without documents. This is because banks require you to submit at least a few documents such as Emirates ID to grant you quick money loans.
The bank usually takes up to 7 days to approve your application.
Yes, you can avail of 2 non-consecutive loan deferments throughout your repayment tenure.
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