Minimum Salary
0,00 د.إ
RAKBANK offers both salary-transfer and non-salary-transfer personal loans with competitive reducing-balance rates from 5.49% to 19.99% p.a., financing multiples up to 20× salary, tenures up to 48 months (60 months for UAE Nationals), transparent arrangement fees, and convenient benefits such as a 7-day return guarantee and free instalment deferments.
Schedule of Fees and Charges
| Fee Type | Charge |
| Arrangement Fee (New & Top-up) | 1% of financed amount (Min AED 500, Max AED 2,500) inclusive of VAT |
| Early Settlement Fee | 1% of outstanding balance (after 3 months) (Max AED 10,000) |
| Instalment Deferment | Up to 2 per year – Free |
| Late Payment Fee | AED 50 per missed instalment (Max AED 200) |
| Loan Cancellation (7-Day Return) | Full fee refund if cancelled within 7 days |
| Duplicate Statement | AED 45 |
| Liability/No-Liability Letter | AED 63 |
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