Mashreq Bank Debt Consolidation Loan is a personal loan solution designed for borrowers who currently manage multiple debts and want to combine them into one repayment plan.
This type of product can be useful when the goal is better financial planning—especially for salaried residents who want clearer budgeting. However, it should not be seen as “easy approval” or a shortcut to borrow more.
Key Facts
- Loan amount: Typically from AED 10,000 up to AED 1,500,000 (based on eligibility)
- APR (Annual Percentage Rate): Not publicly fixed (varies by profile and bank assessment)
- Loan term (months): Up to 60 months
الحقائق الرئيسية
- مبلغ القرض: عادةً من 10,000 درهم حتى 1,500,000 درهم (حسب الأهلية)
- نسبة النسبة السنوية (APR): غير ثابتة ومعلنة بشكل موحّد (تختلف حسب الملف وتقييم البنك)
- مدة القرض (بالأشهر): حتى 60 شهراً
Get to know better
- Combine multiple debts into one structured personal loan repayment
- One monthly instalment can make budgeting and tracking easier
- First EMI deferral may be available (up to 90 days, subject to terms)
Why we recommend this loan
We recommend this type of debt consolidation loan because it can support responsible financial management. For many borrowers, handling several loans and credit commitments increases the risk of missed payments, late fees, and unnecessary stress.
It may also help borrowers review their total financial exposure and take a more disciplined approach. Instead of relying on multiple credit lines, a structured personal loan can provide clarity on tenure, monthly instalments, and total repayment.
Find a personal loan to your profile
Debt consolidation is not the same as taking a new loan for consumption. Ideally, it should be used to restructure existing liabilities and improve repayment stability.
If you are also exploring options like home loan or mortgage loan, keep in mind that those products are secured and designed for property financing.
Mashreq Bank Debt Consolidation Loan: Get a personal loan
Mashreq positions this loan for borrowers who want to “take charge” of their finances by combining debts into one facility.
To avoid misunderstandings, borrowers should review fees, interest structure, and insurance conditions (if applicable). A debt consolidation loan can be helpful when used wisely, but missing repayments can still lead to late fees and negative credit impact.
Disclaimer / إخلاء المسؤولية
This content is for informational purposes only and is not issued or endorsed by Mashreq Bank. All terms and rates 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 معلوماتية فقط وليس صادرًا عن بنك المشرق أو معتمدًا منه. جميع الشروط والأسعار قابلة للتغيير وخاضعة للموافقات التنظيمية. يُرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الرئيسية للحصول على أدق المعلومات وأحدثها.