Personal Loan

Fast and flexible personal loans from RAKBANK.

RAKloan is a personal loan designed to help you achieve your dreams. RAKloans offer high loan amounts at low interest rates, with maximum flexible repayment periods of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff).

If you already have a loan with another bank, moving it to RAKBANK is quick and easy. After just six months of regular RAKloan repayments, you can apply for a one month deferred payment and after one year of regular RAKloan repayments you can top up your RAKloan to the original amount. And just to make things even simpler you do not have to maintain a minimum balance in your RAKloan account. All RAKloan customers benefit from the additional protection of FREE insurance up to the value of their loan.

The following points are key features of RAKloan:

• Quick approvals.
• Competitive interest rates.
• Flexible repayment periods of up to 48 months.
• Top up loan after 1 year.
• Easy and hassle free loan take overs from other banks.
• FREE RAKBANK Debit Card and personalised chequebook*.
• FREE RAKBANK Credit Card with no annual fee ever and lowest interest rates.
• No minimum balance required in your account.
• 24 hours, 7 days Phone Banking services.
• Easy documentation.

Please spend a few minutes browsing our frequently asked questions.

For more information, please call us on 04 - 213 00 00 or click here.