Non Salary Transer Loan


Non Salary Transfer Loan

Apply for a Personal Loan in  UAE without the hassle of transferring your salary to the lending bank. A loan without salary transfer is possible now.

Get high loan volume at competitive interest rates. All expatriates and UAE nationals may apply for a loan without a salary transfer. The quick process with limited documents.

Basically, these type of loans comes with certain restrictions as it is considered as an unsecured loan in UAE. As a non-salary transfer loan facility increases the risk factor for the bank to lend, the interest rate is quite high as compared to salary transfer loans in UAE.

How do UAE Cash Loans help to apply for a Loan without Salary Transfer?

A lot of people are not aware of the facility of personal loans in UAE without salary transfer due to lack of information. With it’s very easy to find a loan without salary transfer in a fraction of a second. You can compare the various interest rates provided by the banks and financial institutions and can choose the best that suits your need.

Personal Loan without company listing

A lot of people in the UAE faced rejection for their loan applications just because the employer they work for is not listed with the bank or the financial institution. But now the time has changed, availing of personal loans without company listing is no more difficult in UAE. Small and medium-size company employees may also apply for personal loans without company listing or may request the bank or financial institution to list the company. To list a company the bank or the financial institution may ask few documents from the employer like Trade Licence, Employee list, and company audit report.

Mostly personal loans without company listing may be applied through the non-salary transfer loan category. The interest rates might be slightly higher than salary transfer loans but here company listing is not mandatory. The loan applicant can avail loan up to 20 times his salary subject to bank eligibility criteria.

Eligibility to apply Non Salary Transfer Loan

  • Applicant should earn a minimum fix income of AED 5000.
  • Applicant should be at least 21 Years old at the time of loan application and max 61 year old at the time of loan maturity.
  • Applicant should completed 6 months in the company or should be a confirmed employee.
  • Applicant should have received last 3 months consecutive salaries in bank account.
  • Non Listed Company Employees also can apply.
  • Loan Applicant must have a good and healthy Credit Score or Credit History.

Documents to apply Non Salary Transfer Loan

  • Loan applicant must provide KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
  • Loan applicant must provide a valid Salary Certificate or Payslip
  • Loan applicant must provide 3 to 6 month Salary account statement showing regular salary credits.
  • Personal Loan in UAE without Salary Transfer is an unsecured loan, so bank may ask for a Security Cheque.
  • Additional documents as requested by the Bank or Financial Institution.

How can we help you?

Contact Uae Cash Loans through submitting your enquiry online.


Top Bank Providing Non Salary Transfer Loan

Yes, Banks in UAE do provide Loans without Salary Transfer subject to eligibility depending upon the financial institution.

The minimum salary requirement to apply for a Loan without salary transfer starts from AED 3000. However it’s sole discretion of the bank and changes time to time.

Yes, all Banks do check your Credit Score to evaluate your credit worthiness before providing any credit facility.

To apply you should complete at least 6 months in the company or should be documented confirmed employee.

People working in a Non Listed Company may also apply for a loan without any salary transfer.

Frequently Asked Questions

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