You can use a Mashreq Personal Loan for all your needs whether its planned or unexpected. For example: • Enjoy a vacation with family / friends • Give a new look to your home • Host your dream wedding • Pay for your or your child’s education • Clear your emergency medical bills • Invest in lucrative opportunities • Interim needs • Property purchase in your Home Country / Overseas* * As per the UAE Central Bank Guidelines, if you are financing your new home with a home loan in the UAE, you aren’t entitled to avail a personal loan to fund the down payment of the property purchase.

Yes, salary transfer is a requisite for availing a personal loan from Mashreq.

• Minimum salary of AED 5,000 for approved companies and AED 10,000 for unapproved companies. • Loan instalment along with overall regular monthly instalments should not exceed 50% of your monthly salary. Terms and conditions apply

If the length of your service with the current employer is less than 6 months or if you have recently moved to the UAE, you can avail ‘New to UAE’ or ‘New to employer’ loan from Mashreq.

Mashreq offers Personal Loans of up to 20 times your salary and maximum of up to AED 2 million.

The upfront costs related to a personal loan are processing fees.

Minimum tenure for a Mashreq Personal Loan is 6 months and the maximum tenure is 48 months. For employees of the Ministry of Defense the maximum tenure is up to 60 months.

Our interest rates are competitive and are charged on a reducing balance. To know more about this, please get in touch with our bank representative.

The proceeds of your Mashreq Personal Loan will be credited to your Mashreq account. In certain buy-out or debt consolidation cases, as per your instructions, the payment will be made to another bank / financial institution.

• You will get a zero-balance current account for personal loans greater than or equal to AED 25,000 along with debit card and cheque book facility. • You will have access to a wide ATM and Branch network. • You will have access to award winning Online and Mobile Banking services. • You can avail instalment deferment option.