Personal Loans


Got a long wish list, start ticking it off with a RAKBANK Personal Loan!


Get high Personal Loan amounts at low interest rates, with flexible repayment of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff).


Already have a Personal Loan with another bank in the UAE? Switch it to RAKBANK quickly and easily. 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. Keep it simple! You don’t have to maintain a minimum balance in your RAKloan account. Get additional FREE insurance protection up to the value of your Personal Loan.


It doesn’t get easier than this

  • Quick approvals
  • Competitive interest rates
  • Flexible repayment periods of up to 48 months
  • Top up loan after 1 year
  • Easy does it! Hassle-free loan takeovers from other banks
  • FREE RAKBANK Debit Card and personalized cheque book*
  • FREE RAKBANK Credit Card with no annual fee ever and low interest rates
  • 24-hour, 7-day Phone Banking services
  • Easy documentation

Apply now

*A personalized chequebook subject to charges as per our Service & Price Guide.


Loans are issued at the sole discretion of RAKBANK and are subject to Terms and Conditions.


Insurance is offered by Union Insurance Company (P.S.C).


Chat with one of our experienced web agents about our Personal Loans