Personal Loan without Salary Transfer in UAE

With a personal loan without salary transfer, you can easily access financial opportunities and meet your immediate requirements, whether it is consolidating debt, funding a dream vacation, or covering unexpected expenses. Another key feature of this type of personal loan in UAE is the absence of a mandatory salary transfer requirement, which eliminates the need for extensive paperwork and enables a streamlined application process.

These loans typically come with competitive interest rates, repayment flexibility, and quick disbursal, ensuring that individuals can swiftly access funds to address their pressing financial concerns. Whether you are a self-employed professional, freelancer, or employed on a commission basis, you can avail of this type of loan and achieve your financial goals without compromising your existing employment structure.

Key Features and Benefits of a Non-Salary Transfer Personal Loan in UAE

Let’s start with the salient features of a non-salary transfer personal loan -

• A non-salary transfer personal loan in UAE can enable you to borrow more than the credit card limit.
• The repayment tenure for these loans can go up to 48 months
• You can avail of high loan amounts based on your monthly salary and employment tenure.
• Life insurance cover up to the outstanding loan amount is available with most banks.
• The non-salary transfer personal loans are available for both expats and UAE nationals.
• The minimum monthly salary for the loan is AED 5,000.
• As the name indicates, you do not need to transfer your salary to get this loan. This makes the conditions related to the personal loan considerably more flexible.

List of Banks Offering Non-Salary Transfer Loans in UAE

Now that we have covered the basic features of non-salary transfer personal loans in the UAE, let’s go through the top banks and financial institutions offerings these loans -

Non-Salary Transfer Personal Loan	Minimum Monthly Income Required	Interest/Profit Rate	Features	Apply Now
Commercial Bank of Dubai - Instant Loan	AED 8,000	Fixed Rate: Starting from 7.6%* Reducing Rate: Starting from 14%*	Maximum Loan Amount - up to AED 150,000 No salary transfer required Loan repayment period - up to 48 months Easily apply for the loan using your Emirates ID Instant loan approval in just a few clicks online Available for both customers new to bank and the existing customer End-to-end digital journey Loan amount credited instantly to the bank account	Apply Now
Deem Finance - Personal Loan	AED 5,000	Fixed Rate: NA Reducing Rate: 15.99% to 34.99%*	Get to know whether you qualify for the loan in an instant Repay the loan in 1, 2, 3, or 4 years in easy instalments No salary transfer required Minimal paperwork Coverage from Deem Credit Life Plus; it financially covers the borrower in case of an unfortunate event like death against the outstanding loan amount	Apply Now
FAB Non-Salary Transfer Personal Loan for Expatriates	AED 15,000	Fixed Rate: 8.39%* Reducing Rate: 15.49%*	Get a loan of up to AED 600,000  Maximum loan repayment tenure - 48 months No salary transfer required Includes comprehensive life insurance coverage The loan is available even if the borrower’s employer is not listed on FAB’s Approved Employers List A processing fee of 1.05% is charged on the loan amount	Apply Now
FAB Non-Salary Transfer Personal Loan for UAE Nationals	AED 15,000	Fixed Rate: 5.43%* Reducing Rate: 10.49%*	Get a personal loan of up to AED 1,000,000  Flexible loan repayment term of up to 48 months (up to 60 months for Ministry of Defence employees)  Comprehensive life insurance coverage included No salary transfer required Pay the instalments using the bank account into which your salary is transferred; a FAB account is not necessary An additional one-time upfront processing charge of 1.05% on the loan amount is levied. The loan is available even if the borrower’s employer is not listed on FAB’s Approved Employers List.	Apply Now
adcb personal loan	AED 7,500	Fixed Rate: 3.45%* Reducing Rate: 6.25%*	Get the personal loan approved online within 10 minutes Top-up facility after 6 months Maximum loan amount for expats - AED 600,000; maximum loan amount for UAE nationals - AED 750,000 Maximum loan repayment tenure - 4 years No salary transfer required Phone banking facility available	Apply Now

*Interest rates are subject to change at the bank's discretion 

Application Process for Personal Loans without Salary Transfer in UAE

In this section, we will deal with what is the application process to apply for a personal loan without salary transfer in the UAE. Lookout for the eligibility criteria, documents required, and where to apply for this type of personal loan in the UAE!

Eligibility Criteria to Meet to Apply for a Non-Salary Transfer Personal Loan in UAE

Tabled below are the general eligibility criteria to apply for a personal loan without salary transfer -

Personal Loan	Eligibility Criteria
Commercial Bank of Dubai - Quick Loan	Minimum Age - 21 years Maximum Age - 60 years Minimum Monthly Salary - AED 8,000
Deem Finance - Personal Loan	Minimum Monthly Income - AED 5,000 Minimum Age - 21 years
FAB - Non-Salary Transfer Personal Loan for Expatriates	Minimum Monthly Salary - AED 15,000 The borrower should have completed at least 18 months of service with the employer Minimum Age - 21 years An acceptable credit Score is required
FAB - Non-Salary Transfer Personal Loan for the UAE Nationals	Minimum Monthly Salary - AED 15,000 The borrower should have completed at least 18 months of service with the employer Minimum Age - 21 years An acceptable credit score is required
Abu Dhabi Commercial Bank - Personal Bank	Minimum Monthly Salary - AED 7,500 Minimum Age - 21 years

Documents Required to Apply for a Non-Salary Transfer Personal Loan in the UAE

Check out the table below for the list of documents required to apply for a non-salary transfer personal loan in the UAE -

Personal Loan	Documents Required
Commercial Bank of Dubai - Quick Loan	A duly filled-in application form National ID, passport, UAE residence visa, or Emirates ID Original bank statement for the last 6 months Salary certificate Security cheque
Deem Finance - Personal Loan	Emirates ID/passport Proof of Income - Bank statements or payslips or salary certificates
First Abu Dhabi Bank - Non-Salary Transfer Personal Loan for Expatriates	A copy of valid passport, UAE residence visa, and Emirates ID Bank statements of the last 6 months showing salary credit A salary certificate addressing FAB Completely filled-in application form
First Abu Dhabi Bank - Non-Salary Transfer Personal Loan for the UAE Nationals	A copy of valid passport and Emirates ID Bank statements of the last 6 months showing salary credit A salary certificate addressing FAB Completely filled-in application form
Abu Dhabi Commercial Bank - Personal Bank	A duly filled-in application form Valid Emirates ID Valid passport and UAE residence visa (for expatriates) Bank statement for the last 3 months Liability or clearance letter Salary certificate

Note - The bank can ask for additional documents as and when required. 

Where to Apply for Personal Loan without Salary Transfer in UAE?

You can easily apply for a non-salary transfer personal loan in the UAE via Policybazaar.ae. This online portal offers top personal loans without salary transfer from the major banks and lending institutions in the country. Furthermore, the website is easy to use and helps you apply for the loan of your choice within a few clicks.

To apply for a non-salary transfer personal loan, click on the ‘Personal Loan’ tab on the homepage of the website or choose the same option under the ‘Banking Products’ section on the menu bar. This will take you to the lead form - fill it out accurately with details such as your monthly salary, phone number, and more. Once done, click on the ‘View Quotes’ tab.

You will be then directed to the quotes page where you can find personal loans without salary transfer from the major banks in the UAE. Go through the features and benefits of the quotes available and compare the available options. Once you have selected the loan, click across the apply button and follow the prompted steps thereon.

Check out some frequently asked questions related to personal loans without salary transfer in the following section. 

FAQ's