Personal Banking

Moain : Personal Loan

Al Masraf's personal loans are a highly personal affair. By applying for Moain Personal Loan, you can have the purchasing power to indulge yourself, be it by shopping at your favorite designer store, traveling, or even paying your tuition fees. It's your choice.

Special features include :

Lowest Interest Rates: Our personal loan rates start as low as 11% for UAE nationals and 13% for expatriates (case to case basis) having one year as minimum length of service and are employment with Government & Semi-Government departments only.
Varying Loan Amounts: UAE nationals can be granted amounts equaling 55* times and expatriates 24* times their salary, with the maximum loan amount reaching AED 250,000
Flexible Repayment: The repayment tenor on our personal loans is an outstanding feature. UAE nationals can enjoy flexible repayment periods up to 165* months and expatriates up to 72* months
Grace Periods: To make this already attractive service more convenient, we defer loan payment periods up to 90* months for UAE nationals and 30* months for expatriates

Benefits:

Minimum salary requirements as low as AED 15,000
No guarantors required
Two installments deferrals per year
One special deferment during the holy month of Ramadan or Eid period
FREE life insurance in case of death or permanent, total disability
No minimum account balance required

Eligibility:

Individuals (including joint account holders)
Sole proprietorships
Partnership firms
Joint stock companies / limited liability companies
Associations / clubs / trusts, administrators, executors, receivers, etc.

For more information on our services, Please visit any of our branches or call our customer service Toll Free: 800 21 99

* All features and benefits are subject to the bank's terms and conditions.