UAE Drops Minimum Salary Rule for Personal Loans
- 18 Nov, 2025
UAE Drops Minimum Salary Rule for Personal Loans
The UAE Central Bank has directed all banks to drop the long-standing minimum salary requirement for personal loans. Most institutions previously set the bar at roughly AED 5,000, but that benchmark is now gone.
Each bank will set its own income criteria based on internal policy, opening the door for more residents, especially lower-income earners. This is to access personal financing and quick cash products for them. This shift is expected to widen financial inclusion and give customers more flexibility when seeking credit.
