Mashreq offers an instant digital personal loan for existing customers with approvals in just 5 minutes. Customers can borrow up to AED 2 million, with amounts reaching 20x their salary. A first EMI deferral of up to 90 days gives borrowers extra flexibility.
Is Mashreq Bank a good bank?
Mashreq is one of the oldest banks in the UAE, regulated by the Central Bank of the UAE. It provides transparent loan terms through its Key Facts Statement, Schedule of Charges, and Group Credit Life Insurance Policy disclosures.
Main characteristics of Mashreq Personal Loan
- Loan amounts up to AED 2 million
- Salary multiples up to 20x
- Instant approval in 5 minutes
- First EMI deferral up to 90 days
- Available for employees of approved and unapproved companies
Disadvantages
- Minimum salary requirement: AED 5,000 for approved companies, AED 10,000 for unapproved
- Processing fees and insurance costs apply (details in KFS)
Here is advice for you
Consider whether you prefer to use the Top-Up Loan option (to cover new expenses while maintaining your existing loan) or Debt Consolidation (to simplify repayments).
Always check the KFS for fees, insurance, and APR before applying.
Requirements to apply for this loan
- Minimum salary: AED 5,000 (approved companies) / AED 10,000 (unapproved companies)
- Employment: Confirmed employee or minimum 6 months service with current employer
- Valid Emirates ID
- Salary transfer account with Mashreq recommended but not mandatory
المتطلبات للتقديم على هذا القرض
- الحد الأدنى للراتب: 5,000 درهم (للشركات المعتمدة) / 10,000 درهم (لغير المعتمدة)
- التوظيف: موظف مثبت أو 6 أشهر خدمة على الأقل مع صاحب العمل الحالي
- بطاقة هوية إماراتية سارية المفعول
- يوصى بتحويل الراتب إلى حساب المشرق ولكن ليس إلزاميًا
How to apply for the loan
- Upload Emirates ID online to receive a personalized loan quote
- Review the loan offer displayed instantly
- Accept the offer digitally to proceed
- Loan disbursal to your Mashreq account
Apply for your Loan
Mashreq’s digital loan solution is designed for speed and convenience. With instant approvals, high loan multiples, and flexible eligibility, it’s one of the most accessible personal loans in the UAE.
Disclaimer/إخلاء المسؤولية
This content is for informational purposes only and is not issued or endorsed by Mashreq Bank. All terms, profit rates, and fees are subject to change and regulatory approval. Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
هذا المحتوى لأغراض إعلامية فقط ولم يصدر أو يتم اعتماده من قبل بنك المشرق. جميع الشروط ونسب الربح والرسوم قابلة للتغيير وتخضع لموافقة الجهات التنظيمية. يُرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الرئيسية للحصول على المعلومات الأدق والأحدث.