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Start Up Loans

A Start Up Loan can help you settle into your new life.

Whether you have recently moved to the UAE or just started a new job or business here, our Startup Loans offer up to AED 500,000 to help you get up and running. Use the money to fund a new car, furnish your home, or plan ahead for the first few months of living expenses.

You could use the money to fund a new car, furnish your home, or plan ahead for the first few months of living expenses.

Settle in sooner with our Start-Up Loan

  • Get a loan at competitive interest to help stabilise your new life

    Interest rates start from 12.75%

  • Generous loan amounts

    Borrow up to AED 500,000 as a UAE National or up to AED 200,000 as an expat

  • Flexible repayments

    Terms up to 48 months

Enter the amounts and the interest rate

Representative example

Monthly repayment:

AED 0

Tools & Calculators

IBAN Generator & Instalment Calculators

Required documents

  • Bank statement
  • Completed and signed branch application form
  • Salary transfer letter or salary certificate in the case of a buyout from another bank
  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)

Fees and charges

Processing Fees 1% of loan amount (min. AED 500, max. AED 2,500)
Processing Fees on Loan Top-ups 1% of the top-up amount (min. AED 500, max. AED 2,500)
Loan Cancellation Fee AED 100 (if cancelled before disbursal)
Life Insurance Fee 1% upfront on all approved loan amount
Instalment Deferral Fee   AED 100 per deferral
Late Payment Fee 2% of overdue amount (min. AED 50, max. AED 200)
Loan Rescheduling Fee    AED 250
Early Settlement Fees 1% of amount prepaid (if partial settlement)
1% of amount outstanding (if full settlement)
1% of amount outstanding, max AED 10,000 (in case of buyout)

Borrow, invest or save with us

View our wide range of products, including credit cards, mortgages, investment funds and more.

* Terms and conditions apply. All rates quoted are p.a. on reducing loan balance.

Ways to Apply

Visit a Branch

Talk to our experts about your banking needs

Phone Us

Lines Open 24/7

UAE Helpline

600 56 6223

International Helpline

+971 2 635 8001

Email Us

We'll answer your query as soon as possible