Undoubtedly, availing loans from banks exalts the overall purchasing capacity of a potential consumer, but don’t forget to gauge the benefits of getting loans amid all the financial complications.
Let us take a quick look at some of the benefits of getting loans in UAE.
- Win up to Dh250,000 with a Mashreq loan
On signing up for a personal loan for a minimum amount of Dh50000, you may get an opportunity to win the Mashreq Personal Loan Plus draw.
- Get a cashback of Dh1,000 with ADIB
On applying for an ADIB Al Khair Liabilities Settlement, you receive a cashback of Dh1,000.
- Refer a friend to Emirates NBD
On referring a friend for a personal loan at Emirates NBD, you get an opportunity to earn up to Dh4,000 in the form of gift vouchers.
- Flexibility of utilization
A personal loan gives you the flexibility of utilizing it for various purposes such as traveling, medical treatments etc.
- Minimal documentation requirement
Advancing loans in UAE is easy, but advancing a personal loan is super easy and convenient as the documentation requirement for raising a personal loan is minimal.
There are two sides to every coin, and the same applies for loans! But the pros of advancing a loan in UAE outsmarts its cons.