Product details
What you need to know
What to check
Understand Mashreq Debt Consolidation Loan
Mashreq Debt Consolidation Loan is a personal loans product from Mashreq. Compare the reducing rate or APR, monthly payment, processing fee, early settlement charge, salary rule and total repayment.
Published details
- Salary Transfer Required: Yes
- Eligibility Rate Amount And Tenor: Customer-specific after credit assessment
- Minimum Salary Approved Company: AED 5,000
- Minimum Salary Unapproved Company: AED 10,000
- Company Approval: Employment with an approved company is not mandatory
- Employment Requirement: Confirmed employee or at least six months with the current employer
- Debt Service Ratio: Loan instalment and overall regular monthly instalments must not exceed 50% of monthly salary
- Maximum Loan Amount: AED 2,000,000
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |