We've all been there. We know that when you're settling down in a new country or at a new job, is when you need funds the most.
We also understand that your residence visa* may still not be stamped and you may not have a three months' bank statement history. That's not a problem. With Barclays, you can apply for a loan on day 1. Say that it is your first day at the job during your thirtieth year in the UAE. We can't ignore that. Our personal loans really are personal, and that's why we offer credit facilities based on how long you've been working in the UAE, and not just how long you've been working with your current employer.
We are dedicated towards bringing you a loan that is flexible and convenient. With this in mind, we're giving you the option to decide whether you would like to transfer your salary to us or not. In addition to this, we have a team of professional Personal Financial Advisors who are always eager to help you. Just pick a place and time, and we will come to you.
- Send money home to your loved ones
- Move to a spacious home
- Buy comfortable furniture
- Settle down with the latest appliances
Or meet any other personal need with your loan from Barclays.
- Loan Amount
-
- Up to 24 multiples of your income
- Up to AED 250,000
- Tenure
-
- We know that people back home miss you. Show them you care and send money home. We will remit it for you for free.
- Protect your family and dear ones in case of unforeseen circumstances** or involuntary loss of employment with insurance.
- We understand that your needs may grow as your time spent in the UAE increases, that's why you have the option to top up your loan and even postpone your instalment to manage your finances better.
- We can remit your loan into your deposit account at Barclays or at a bank of your choice in the UAE. Or if you'd like, we can even deliver a cheque to you which you can deposit at any bank in the UAE at any time.
- Got your loan? Take it easy, you have up to 60 days for the first instalment payment.
- You don't have to worry about monthly instalment payments, simply give us post-dated cheques or instructions to debit your account at Barclays and we will take care of the rest.
| Minimum Income: |
AED 4,000 |
| Minimum Loan Amount: |
AED 10,000 |
| Minimum Tenure: |
12 months |
- Barclays Loan application form
- Passport copy
- Valid residence visa
- Salary certificate or salary transfer letter (as applicable)
- Two undated cheques (and monthly repayment cheques - if applicable)
