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We've designed the perfect loan to support your child's education in the UAE or abroad.
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.
Age:
Residency:
Other Requirements:
Education Loan is a salary transfer Personal Loan offered to salaried
parents who wish to support their children’s education at their
preferred institution in the UAE or abroad.
Applicants must be
salaried parents residing in the UAE with a minimum salary of 5,000.
Repayments should be done via RAKBANK Salary Accounts.
Yes you can, an early settlement fee is applicable as per the Service and Price guide.
Yes, it is mandatory to transfer your salary to RAKBANK to avail an Education Loan.
Get quick answers to your queries.
Educational Loans: Finance Education In UAE & Abroad | RAKBANK UAE