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.
*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).