Ajman Bank Personal Loan
Ajman Bank personal loan offers you flexible and easy access to funds. Whether you need funds for education, travel, wedding expenses, or any personal requirements, you can easily choose this option from Ajman Bank and enjoy competitive profit rates, fast approvals, Islamic financing, and high ...read more

Personal Loan Starting from 2.63%* Interest rate
- Minimum Salary 5000 AED
- EMI Tenure up to 48 Months
- Lowest Interest Rates
Get personal loan at Lowest Interest Rate
Interestingly, this personal finance is categorised into different parts, allowing transparency and ensuring the availability of funds for different requirements.
Ajman Bank Personal Loan Plans



Types of Ajman Bank Personal Loan
Here are the types of Ajman Bank personal loans available in the UAE —
| Type | Description |
|---|---|
| Murabaha |
|
| Goods Murabaha |
|
| Service Ijarah |
|
What are the Features of an Ajman Bank Personal Loan?
Mentioned below are the key features of the types of personal finance offered by the Ajman Bank —
| Feature Type | Murabaha | Goods Murabaha | Service Ijarah (Except Education and Hajj & Umrah Finance) | Service Ijarah — Education Finance | Service Ijarah — Hajj & Umrah Finance |
|---|---|---|---|---|---|
| Finance Amount for Expatriates | Up to AED 1,500,000 | Up to AED 1,000,000 | Up to AED 1,000,000 | Up to AED 750,000 | Up to AED 300,000 |
| Finance Amount for UAE Nationals | Up to AED 5,000,000 | Up to AED 3,000,000 | Up to AED 3,000,000 | Up to AED 750,000 | Up to AED 300,000 |
| Loan Repayment Tenure | Up to 48 Months | Up to 48 Months | Up to 48 Months | Up to 48 Months | Up to 48 Months |

Eligibility Requirements for Ajman Bank Personal Loan
Refer to the table below to know your eligibility for the Ajman Bank personal loan in the UAE —
| Eligibility Type | Murabaha | Good Murabaha | Service Ijarah |
|---|---|---|---|
| Nationality | UAE national and expatriate | UAE national and expat | UAE national and expat |
| Minimum Salary for UAE Nationals | AED 5,000 | AED 8,000 | AED 8,000 |
| Minimum Salary for UAE Expatriates | AED 5,000 | AED 6,500 | AED 6,500 |
| Status of Employment | Salaried | Salaried | Salaried |
Ajman Bank Personal Finance — Documents Checklist
As per the bank’s requirements, you must submit the following set of documents for the Ajman Bank personal loan application processing —
| Murabaha | Goods Murabaha | Service Ijarah |
|---|---|---|
|
|
|
Apply for a Personal Loan via Paisabazaar.ae
You can easily apply for a personal loan through Paisabazaar UAE. With us, you just need to make a few clicks to get the best options from multiple banks on your screen — all in one place!
Here’s how you can submit your application in these simple steps —
- Fill out the lead form (click here to access)
- Submit it to get directed to the quotes page
- Go through the listed loans and choose one
- Apply and await a response from us
Got questions regarding loans? Don’t worry, we are here to assist you.
Call us at 800 728 4647 or drop an email at communication@paisabazaar.ae.
We offer you exclusive perks to make your loan selection better:
- Choose from a wide range of options across multiple banks
- Compare similar loans on the same platform and select one
- Get a dedicated expert assigned to guide you throughout the application process
- Instant and hassle-free loan process and documentation

Ajman Bank Personal Loan Calculator
Calculating monthly instalments before taking a loan eases your financial management and helps you plan your regular budget wisely.
You can easily estimate your monthly instalment amount with a personal loan calculator. This online tool, available for free, gives you the result within a second or two. All you need to do is simply enter the loan amount, repayment period, and interest rate for the calculation. This way, you not only save time but also get error-free results.
On Paisabazaar.ae, you can find an easy-to-use personal loan calculator. Our tool generates instant results and lets you reset the entered values to generate a new result as many times as you want. In fact, you can also find the instalments for multiple loans and choose from the best options.
Note: While the calculator is accurate, your actual instalment amount may still vary due to variations in the interest rate, which is finalised by the bank as per your loan terms, credit history, and more.
Ajman Bank Personal Loan — Fees and Charges
Here is a complete list of the fees and charges of the Ajman Bank personal loan —
| Type of Fee | Charges |
|---|---|
| Processing Fee | 1% of the finance amount —
|
| Takaful Charges | 1% of the finance amount |
| Finance Cancellation Fee | AED 100 |
| Deferment of Instalment | AED 100 |
| Late Payment Fee | 2% of the delayed amount (maximum AED 200) |
| Final Settlement from Other Sources/ End of Service Benefits | 1% of the outstanding amount or AED 10,000, whichever is lower |
| Liability Letter Fee | AED 60 per request |
| Early Settlement Fee | 1% of the outstanding amount (up to AED 10,000) |
| Other (Audit Confirmation, Issuing Redemption Statements, Finance Copy, and so on) | AED 25 per request |
Ajman Bank Personal Finance — Terms and Conditions
Some of the primary terms and conditions of the Ajman Bank personal loan are listed below —
- To secure your obligations under any finance documents, you (or the Security Provider(s), where applicable) must execute, deliver, and maintain all required security in accordance with the terms set out in the security documents.
- If the bank determines that any security provided is inadequate, has diminished in value, been destroyed, or has been subject to sale, lease, seizure, or any similar event, it may, at its sole discretion, request additional security. You must provide (or ensure the provision of) such additional security, to the bank’s satisfaction, within 5 business days of a written demand.
- All representations, warranties, or statements made by you or any other obligor in connection with the finance documents, or any related documents provided on your behalf, must be accurate and complete at the time they are made or repeated. If any such statements are found to be false, misleading, incomplete, or untrue — or if you fail to disclose any material information — the bank reserves the right to take appropriate action as outlined in the finance documents.
- If there are discrepancies between the details in any application form you submit and the information provided in certified copies of original official documents, the data on the certified documents will be deemed correct and take precedence.
- You are responsible for ensuring that all information provided to the bank is accurate, complete, and up to date at all times during the term of your obligations under the finance documents.
Note: Refer to the bank’s website for detailed T&C.
Frequently Asked Questions
Yes, Ajman Bank personal finance follows Islamic finance principles.
You can get an amount of up to AED 3,000,000, whether you are a UAE national or an expat.
The maximum repayment period for the personal loan of Ajman Bank is 4 years.
Profit rates are competitive and vary based on your profile.
Yes, both UAE nationals and expatriates are eligible.
Yes, 1% of the finance amount is charged as a processing fee.
Yes, you can. However, you will be charged 1% of the outstanding amount as an early settlement charge.
The minimum salary requirement for Murahaba is AED 5,000 per month.
The bank charges 2% of the delayed amount as late payment charges.
Yes, Takaful coverage is usually part of the loan package.
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