News Media List MSNBC Retail News Financial Times Internet Retailer Luxury Daily New York Times Planet Retail Retail Technology Review Retail Bulletin Supermarket News Special Retail Report Women's Wear Daily RSS News Feed Get your news feed listed here as other news media shown above! Submit RSS News Feed

Retail, Shopping News Releases Search retail news: The Process to have a Personal Loan in the UAE without Salary Transfers (Shopping-NewsWire.com, November 08, 2021 ) Dubai, UAE – ARAB NEWSWIRE -- A personal loan can be highly beneficial when an individual needs money for urgent requirements or to fulfil other monetary needs. Most personal loans are also unsecured loans, which means they do not require one to pledge any collateral as a form of security. While individuals can easily apply for a personal loan in the UAE from any bank, banks may require one to have an account where his/her salary gets credited. This is to ensure that applicants repay the loan amount on time. It also reduces the risk of lending, since having a legitimate bank account can act as reassurance that the borrower will be able to pay back the money. For many salaried borrowers, this might not be an issue. However, for those who get their salaries in cash or cheques, getting a personal loan with salary transfer can be difficult. Thankfully, many banks in the UAE have now started to sanction personal loans without salary transfer requirements. To know more about how to avail the best personal loan without salary transfer in the UAE, check the points below: Eligibility Criteria for a Personal Loan in the UAE Without Salary Transfer To get a personal loan without salary transfer in the UAE, one may have to fulfil some of the most commonly listed criteria given below: Age of the Applicant Age can be an important factor to avail a personal loan without a salary transfer in the UAE. For most banks, the minimum requirement is 21 years, and the maximum is 60 years. However, this can vary from bank to bank for residents and expatriates. Minimum Monthly Income Banks determine borrowers’ ability to repay the loan amount via their monthly income. Most banks also set specific monthly income criteria that determine the eligibility for one to avail a personal loan without salary transfer in the UAE. One may want to check the requirement before applying. Citizenship While some banks may provide a personal loan without salary transfer to salaried expatriates, some provide only to the UAE nationals and residents. So, before applying, it is advisable to check the citizenship criteria to experience a smooth process. Employment Typically, banks and lenders offer personal loans to salaried individuals working in government or private sectors. They are also offered to self-employed individuals. Banks may also require individuals to be salaried for at least a minimum of three months before submitting the application. Required Documents for a Personal Loan in the UAE Without a Salary Transfer The following are some of the documents that are typically required by banks to process the application for a personal loan without salary transfer in the UAE. However, the requirements can be different for each bank. ● Emirates ID ● Passport ● Resident Visa ● Residential proof ● Bank statement of the last 3 to 6 months ● Updated security cheque Conclusion One can avail a personal loan without salary transfer in the UAE by fulfilling the required criteria that are mentioned above. Applicants may want to check and compare the interest rates and other criteria provided by different banks. Doing so may help the applicant land the best deal and avail a personal loan without any complications. About iQuanti iQuanti ignites powerful and predictable digital marketing performance for global brands with an approach rooted in data science and deep vertical knowledge. Contact Information iQuanti, Inc / Carolina d’Arbelles-Valle +1 (305) 849-8443 carolina.darbellesv@iquanti.com Notice: Opinions, analyses, reviews, or recommendations expressed in this article are those of the select editorial staff’s alone, and have not been reviewed, approved, or otherwise endorsed by any third party. This press release is issued through Arab Newswire™ (www.arabnewswire.com) – the newswire with press release distribution to media in Arab World, Middle East and North Africa (MENA). iQuanti, Inc. Carolina d’Arbelles-Valle +13058498443 carolina.darbellesv@iquanti.com Source: EmailWire.Com

Retail News by Sector Accessories Department Stores Fashion Home/Household Entertainment M Commerce Online Retail Retail Magazines Retail Issues Store Design   Sign-Up To Our Free Newsletter!   Shopping and Retail NewsWire   Retail RSS Marketpalce Target Press Releases News releases from Target. Second retail giant in America. Free Food & Beverage Magazines and Downloads Get free publications including magazines, white papers about the food and beverage industry. Submit RSS news feed on Retail, Shopping. Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily. Add RSS feed Now!

For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com. Copyright 2009 GroupWeb Media LLC GroupWeb Media Network AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | Shopping-NewsWire.Com ™ - Newswire and Press Release service of GroupWeb Media LLC