Non Salary Transfer Loan

Apply for Non Salary Transfer Loan !

Non Salary Transfer Loan in UAE

Apply for a Personal Loan in  UAE without the hassle of transferring your salary to the lending bank. 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 salary transfer. Quick process with limited documents.

Loan without Salary Transfer in UAE

Company listing is not mandatory to apply for a loan without salary transfer. Any listed or non listed company employee can apply for non salary transfer loan.

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 facilities increases the risk factor for the bank to lend, the interest rate is quite high as compared to salary transfer loans in UAE.

A lot of people are not aware of the facility of personal loan without salary transfer in UAE due to lack of information. With uaecashloans.com its 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.


Top Bank to provide Non Salary Transfer Loans in UAE

*All the interest rates and terms are dynamic, the data provided on uaecashloans.com is for information purposes only and does not constitute advice. Please always check with the banks/financial providers directly before committing yourselves. 


Eligibility and Documents Needed to Apply for a Non Salary Transfer Loan

Eligibility : 

  1. Applicant should earn a minimum fix income as per the bank's eligibility requirement.

  2. 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.

  3. Applicant should completed 6 months in the company or should be a confirmed employee with documented proof.

  4. Applicant should have received last 3 months consecutive salaries in bank account.

  5. Salary Transfer not required.

  6. AECB Score is mandatory and depends on Bank to Bank.

Documents Required :

  1. KYC Documents - Passport, Visa and Emirates ID Copies.

  2. Income Proof - Salary Certificate or Payslips

  3. Last 3 - 6 Months Bank Statements.

  4. Additional document if any, as per the banks requirement.

 

Frequently Asked Questions

Q.1. Do Banks in UAE provided Loans without Salary Transfer ?

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

Q.2. What is the minimum salary requirement to apply for a Non Salary Transfer Loan in UAE ?

Ans: 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.

Q.3. Do Banks check Credit Score  to apply for a loan without salary transfer ?

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

Q.4. I am new in the company. Can I apply for a loan without salary transfer in UAE ?

Ans: To apply for Non salary transfer loan, you should complete at least 6 months in the company or should be documented confirmed employee.