Personal Loans in Abu Dhabi for Those with Low Salary

Most of us encounter unexpected expenses from time to time — medical bills, vehicle repairs, home repairs, and so on. In times like these, getting an urgent cash loan or personal loan is one possible solution.

Before granting a personal loan, however, most banks in the UAE require a monthly salary of AED 5,000 or higher. But what if your salary is lower than this amount? Is it still possible to get a personal loan? Yes, it is! There are a few banking institutions in the country that provide loans for those with low salaries. Keep on reading to know more about them!

Personal Loans in Abu Dhabi for Those with Low Salary

How to Get a Loan with Low Salary in Abu Dhabi

Although majority of bank-based personal loans in the UAE require a minimum salary of AED 5,000 to AED 10,000 a month, there are a few banks that offer such loans for those with lower salaries. In this article, we will focus on banks that provide personal loans to employees who are earning at least AED 3,000 per month.


To be eligible for a personal loan, applicants must meet specific criteria, which vary slightly among different banks. Generally speaking, however, an applicant must:

  • Be at least 21 years old;
  • Have a minimum salary of AED 3,000 a month; and
  • Be employed by a company that’s approved or listed with the lending bank.

NOTE: Aside from the above, some banks have additional criteria. For example, to qualify for RAKBANK’s Personal Loan, end-of-service benefits and salary transfer are required, along with a minimum score of 541 from the Al Etihad Credit Bureau (AECB).


Similarly, the documentary requirements for a personal loan vary slightly from bank to bank. Nevertheless, here are some general requirements that applicants should prepare to submit:

  • Filled-up loan application form;
  • Valid passport;
  • Valid residence visa;
  • Valid Emirates ID;
  • Salary transfer certificate;
  • Proof of salary (e.g. payslip);
  • Banks statements for the past 3 to 6 months; and
  • Valid trade license (for self-employed individuals).

NOTE: Other than the above, some banks may ask for additional documents. For instance, when applying for Dubai Islamic Bank’s Personal Finance, you also need to submit an end-of-service benefit transfer letter or certificate from your employer.

Likewise, when applying for a Personal Loan from Arab Bank, you need to submit a rental contract or recent utility bill (e.g. telephone, electricity, etc.) under your name as one of the supporting documents.

Banks that Offer Personal Loans on Low Salary

As mentioned earlier, there are a few banks in the UAE that provide loans to employees with lower salaries (i.e. minimum of AED 3,000 a month). These include Arab Bank, Dubai Islamic Bank, and RAKBANK.

1. Arab Bank

Arab Bank is a renowned banking institution in the region. Aside from having multiple branches across the UAE (including Abu Dhabi), it also operates branches in Bahrain, Jordan, Lebanon, Palestine, and Qatar.

The bank’s Personal Loan offers financing of up to AED 730,000, with a flexible repayment period of up to 4 years. It comes with a grace period of up to 90 days, and a loan buyout facility, as well.

To qualify for this loan, applicants should be at least 21 years old, has worked for at least 3 to 6 months, and earning at least AED 3,000 per month. Upon loan maturity, the applicant must not be more than 60 years old (for expats) or 65 years old (for UAE nationals).

To know more about the Personal Loan from Arab Bank, just visit the bank’s official website.

2. Dubai Islamic Bank

Established in 1975 by Saeed Bin Ahmed Lootah, the Dubai Islamic Bank happens to be the first full-service Islamic bank in the world! With 90 branches located all over the country, it is the largest Islamic bank in the UAE, and the third-largest Islamic bank in the world.

Notably, the bank offers different types of loans for those whose minimum salary is AED 3,000 per month. In particular, these loans are called Personal Finance and Goods Murabaha.

A. Personal Finance

Dubai Islamic Bank’s Personal Finance provides loans up to AED 4 million for UAE nationals, and up to AED 2 million for expats. This loan has a maximum repayment period of 48 months, or 4 years. Furthermore, it comes with a grace period (i.e. postponement of first installment) of up to 120 days for UAE nationals, and up to 90 days for expat residents.

For more information about Personal Finance, simply head to the official website of Dubai Islamic Bank.

B. Goods Murabaha

As the name says, Dubai Islamic Bank’s Goods Murabaha is a personal finance product that can be used to buy goods, such as: electronics, furniture, building materials, motorcycles, boats, jet skis, machinery, and other items that are Sharia-compliant.

The Goods Murabaha Product comes with financing of up to AED 4 million for UAE nationals, and up to AED 2 million for expat residents. The required monthly minimum salary is AED 3,000, and the loan’s maximum repayment period is up to 48 months.

For more details on Goods Murabaha, check out the Dubai Islamic Bank’s official website.


RAKBANK is the trading name of the National Bank of Ras Al Khaimah. It provides banking services through its 27 branches across the UAE, with headquarters in Ras Al Khaimah. The bank’s customers can also use its numerous ATMs, along with telephone, mobile, and online banking platforms.

To whose who are currently dealing with unexpected expenses, the bank offers a Personal Loan, which has a maximum repayment term of 48 months for expat residents. To be eligible for this loan, applicants should have a minimum salary of AED 3,000 per month. Salary transfer to RAKBANK is also required.

To learn more about this Personal Loan product, be sure to check out the official website of RAKBANK.

Final Thoughts

As you can see, getting a personal loan is possible in the UAE, even if your monthly salary is AED 3,000. Keep in mind that each bank follows its own set of eligibility criteria, requirements, terms, and conditions. And so, be sure to inquire directly with each bank before submitting your loan application.

Speaking of bank loans, perhaps you are currently need of an auto loan? If so, check out this guide on how to apply for a car loan in Abu Dhabi.