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Cash Loan

Cash Loan

Get a high Cash Loan amount with attractive interest and no salary transfer

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Loan Features

Quick, easy & convenient

Need a short-term loan? Get a high loan amount at competitive interest rates, without having to transfer your salary.

Indicative Cash Loan Calculator

How to use this calculator
  1. Enter an amount between AED 10,000 and AED 2,250,000
  2. Choose the length of your loan between 12 and 48 months
  3. Click on "Calculate"

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Disclaimer
Rates are quoted on a reducing rate per annum. The example in the Personal Loan eligibility calculator is not a quotation and it is for illustrative purposes only. A full quotation will be provided when you apply and the amounts may vary. The Personal Loan calculation is designed to give you an indication and should be used as a guide only.

Eligibility & Fees

Apply for your Cash Loan in a few simple steps

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  • Age:

    • 21 years old and above

    Residency:

    • UAE nationals and expatriate residents in the UAE 

    Other Requirements:

    • Monthly salary / income of at least 5,000
    • Minimum Al Etihad Credit Bureau (AECB) score of 541

Upgrade your experience

Education Loan

Personal Loan

Education Loan

Education Loan

Yes, you can and an early settlement fee is applicable per our Service and Price Guide

Repaying the loan should be done via direct debit transfer from your salary account. You will be required to fill out a Direct Debit Authority form which will initiate the monthly deduction of your cash loan instalments from your salary account.

60 years upon loan maturity for Cash Loans.

No, you should be in your current job for at least 6 months.

No, it is not mandatory to transfer your salary to RAKBANK for a Cash Loan.

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RAKBANK App

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