ADIB Personal Loan

If you're looking for a hassle-free way to secure funds, an ADIB personal loan might just be the right fit for you.

ADIB Personal Loan — Key Features

The primary perks of the Abu Dhabi Islamic Bank personal loan are as follows —

• Finance amount of up to 
  • 20 times your monthly salary
  • 15 times your monthly salary — exclusively for Armed Forces and Ministry of Defence personnel
• Flexible loan repayment tenure of 
  • Up to 60 months for Armed Forces and Ministry of Defence personnel
  • Up to 48 months for other applicants 
• Get a loan deferment of up to 210 days for the 1st instalment
• Make up to 2 instalment payments in advance
• Up to 2 instalment postpones in a year with a gap of 6 instalment payments

ADIB Personal Loan Eligibility

Tabled below are the eligibility requirements for an ADIB Bank personal loan in the UAE —

Eligibility Type	Criteria
Minimum Monthly Salary	AED 5,000
Minimum Age	21 Years
Maximum Age (at the time of finance tenure completion)	For UAE Nationals: 65 Years For Expatriates: 60 Years

ADIB Personal Loan Requirements

Given below are the documents required for personal loan application processing with ADIB —

• Emirates ID
• Passport
• Residence Visa (for expatriates)
• Salary Certificate/ Salary Transfer Letter
• Latest 3 Months’ Bank Statement (if salary is not credited to ADIB)

 Note:

• All documents must be valid
• Submit the originals as well as the copies of the Emirates ID, Passport, and Residence Visa

Apply for ADIB Bank Personal Loan via Paisabazaar.ae

With Paisabazaar.ae, you can seamlessly apply for a personal loan within a few minutes.

Simply follow these steps —

STEP 1: Complete the lead form — click here to get started!

STEP 2: Locate the ADIB personal loan on the quotes

STEP 3: Apply and proceed with the instructions displayed on the screen

ADIB Bank Personal Loan — Fees and Charges

Refer to the key fees and charges of this ADIB loan —

Type of Fee	Charges*
Processing Fee	1% of the financing amount — Minimum: AED 500 Maximum: AED 2,500
Non-waived Profit in Early/ Partial Settlement	The lower of 1% of the outstanding Murabaha cost or AED 10,000
Instalment Postponement Fee	Free
Al Etihad Credit Bureau Fee	AED 21
Changing Post Dated Cheque	Free
Direct Debit Authority (DDA) Set Up Charges	AED 100

*VAT charges may apply

Abu Dhabi Islamic Bank Personal Loan Calculator

ADIB personal loan calculator is an online tool that helps you evaluate your loan’s monthly instalments. This tool is easy to access and can be found on the official website of the bank. After locating it, simply provide the necessary details as prompted and get your result instantly.

Besides the ADIB personal loan calculator, you can also use our own personal finance calculator to make it easy for you to assess your monthly loan payments. You can continue on paisabazaar.ae, navigate to the personal loan page, and scroll to the bottom to locate the calculator.

To use this calculator, you would simply need to enter the specified details and submit them to get your results in an instant.

Note that the actual instalment amount and other terms related to your personal loan may vary as per the interest/ profit rates.

ADIB Personal Loan — Terms and Conditions

The major terms and conditions of the personal loan of ADIB are as follows —

•  ADIB's personal finance products are structured based on Islamic contracts such as Murabaha and Ijarah
  • In a Murabaha arrangement, ADIB purchases goods or commodities on behalf of the customer and sells them at a profit margin, with all costs and profits disclosed upfront
  • For services like education or travel, ADIB employs the Ijarah (leasing) model, where the bank leases services from vendors and subleases them to the customer at an agreed rental amount
• ADIB offers a grace period before the first instalment payment is due 
  • This period can extend up to 210 days, depending on the customer's profile and the specific financing agreement
  • The grace period provides customers with flexibility and ease in managing their finances
• To accommodate unforeseen circumstances, ADIB allows customers to postpone up to two instalments annually without incurring additional fees 
  • This facility offers flexibility in managing repayment schedules, ensuring that customers can adjust their payments in case of unexpected events or financial constraints
• ADIB provides optional Takaful coverage with its personal finance products
  • This type of Islamic insurance ensures that, in the event of unforeseen circumstances such as death or permanent disability, the outstanding financing amount is covered

Note: Refer to the bank’s website for detailed terms and conditions

Abu Dhabi Islamic Bank Personal Loan — Contact Details

For any queries or issues, you can get in touch with ADIB via –

• Domestic Calls: 600543216
• International Calls: +97126100600
• Email- customerservice@adib.ae

Frequently Asked Questions