As of late 2025, the Central Bank of the UAE has removed the mandatory AED 5,000 minimum salary requirement for personal loans to increase financial inclusion. While banks now set their own criteria, many still generally require a minimum salary between AED 3,000 and AED 5,000 for approved companies.
No Minimum Salary Needed for Loans in the UAE The Real Impact on Borrowers in 2026. The Central Bank of the UAE has removed the AED5,000 minimum salary floor that for years defined who could access personal loans. The headline is simple.
In general, lenders typically look for a minimum monthly income of around 20K to 25K to qualify for a personal loan. This minimum income requirement ensures that borrowers have the financial means to repay the loan on time.
Employment and Salary Criteria:
To be eligible for this loan, the customer must be a salaried individual who meets the following requirements: Minimum monthly salary of AED 3,000. Minimum of 3 months of employment in the current job. The customer's employer must be listed among RAKBANK's approved list of companies.
ADCB Personal Loan
Minimum monthly salary requirement of AED 5,000. Competitive interest rates- starting from 5.24% (UAE nationals) and 6.49% (expatriates) Availability of credit life insurance facility.
The applicant must be aged 21 and above to be eligible for a Personal Loan from ADCB. What is the minimum income required per month to take a Personal Loan from ADCB? A monthly fixed Salary of AED5,000 or above.
Check you're eligible
It's important to make sure that you meet the eligibility criteria of the loan that you're applying for. The eligibility criteria for an ANZ Personal Loan requires the applicant to: be at least 18 years old. earn a minimum of $15,000 per annum.
The eligibility criteria for salaried professionals: Age – You should be between 21 and 65 years. Profession – You should be an employee of either a public or private sector company. Income – Monthly salary of Mumbai/Delhi residents should be at least Rs. 25,000 and Rs. 16,000* otherwise.
A personal loan with a ₹30,000 salary includes several attractive features and benefits: Flexible Loan Amounts: Borrow from ₹10,000 to ₹9,00,000 based on your needs and eligibility.
Expatiates in the UAE can get up to Dh2 million loan with a grace period of 275 days and an interest rate in the range of 5.44 per cent to 7.2 per cent per year. Applicants aged 21 years and above with a minimum salary of Dh7,000 are eligible for personal loans.
Personal loan without salary slips is possible. Just make sure to look around, compare offers, and choose the lender that best suits your needs. With a little preparation, you can get the funds you need, even without a salary slip.
The Underwriting Process of a Loan Application
One of the first things all lenders learn and use to make loan decisions are the “Five C's of Credit": Character, Conditions, Capital, Capacity, and Collateral. These are the criteria your prospective lender uses to determine whether to make you a loan (and on what terms).
Yes, you may get a personal loan with a salary of AED 2500 in the UAE.
5 personal loan requirements to know
Minimum Monthly Salary
AED 5,000 for approved companies & AED 10,000 for unapproved companies.
While processing your Personal Loan application, one of the required criteria for eligibility is to have an appropriate regular income through a job, profession, or business. If your income is lower than the criteria or if it is volatile, the chances of you getting a Personal Loan can drop.
As of 2025, the required minimum salary for Personal Loan varies among lenders. However, on average, most banks and financial institutions require a minimum monthly salary of ₹25,000 for salaried individuals. Some lenders may have higher requirements, ranging from ₹30,000 to ₹50,000 per month.
A $20,000 loan over 5 years (60 months) costs roughly $2,600 to over $7,000 in interest, with monthly payments varying significantly by Annual Percentage Rate (APR), such as around $377 at 5% APR or $445 at 12% APR, meaning total repayment could range from approximately $22,600 to over $26,700.
Here are some common reasons why a personal loan application may be denied:
What documents do I need to get a loan? You need a valid Emirates ID, passport, and documents for proof of income such as bank statements and pay slips/ a salary certificate. If we need additional documents we will let you know. What is the interest rate, processing fees and loan repayment tenure?
How is a personal loan eligibility calculated?