How to apply loan in Uae without Emirates Id Card

how to apply loan in uae without emirates id card

A detailed full guide on how to get/apply loan in UAE without Emirates ID Card with eligibility ,documents required,Interest Rates,Types of loans options,steps,procedures and other important points to know before applying loan in UAE.

Securing a loan in the UAE is typically straightforward, with the Emirates ID acting as a key identification document. However, not everyone residing in the Emirates possesses this essential card.

So, if you find yourself in this situation and require financial assistance, don’t fear ! While options are limited compared to Emirati ID holders, alternative avenues exist to meet your borrowing needs.There is still some hope for you to get easy loan in UAE without Emirates id card .

As the financial market in UAE is very sublime and easy process based ,there are some apps also who provide instant cash or loan within UAE .However,they should be authorized by UAE government.

Securing a loan in the UAE usually hinges on one crucial document – the Emirates ID.

This guide will help you with the knowledge and steps to demystify the process and potentially land the loan you need.

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Types of Loans Available in Uae without Emirates Id Card

There are other options which are available for the people in UAE to avail loan and free credit without Emirates Id Card.Some options are listed as below :

Salary Transfer Loans

These loans are offered by banks where your salary is directly deposited. If you hold a valid residence visa and have a steady income, you may qualify for this option even without an Emirates ID. Banks like Mashreq, RAKBANK, and Commercial Bank of Dubai offer such loans, with eligibility requirements varying based on the institution.

Personal Loans for Expats

Certain banks cater to expats without Emirates IDs, offering personal loans based on specific criteria. Documents like your passport, residence visa, employment contract, and salary certificates become crucial in such cases. Look for banks like Dubai Islamic Bank, Emirates NBD, and First Abu Dhabi Bank for these possibilities.

Peer-to-Peer Lending Platforms

Online platforms like Beehive and Lendable connect borrowers with potential lenders directly. These platforms can be an option if you have a good credit history and a strong social network in the UAE. However, interest rates may be higher compared to traditional bank loans.


This can be a last resort but may offer quick liquidity for valuables like gold jewelry or electronics. Be aware of potential high-interest rates and ensure reputable pawnbrokers are chosen.

Eligibility & Documents :

Eligibility for loans without an Emirates ID can vary significantly based on the chosen lender and your financial standing.

While the absence of an Emirates ID presents a challenge, alternative options cater to non-Emiratis. These typically include:

1. Passport Residency Visa: Valid residency visa linked to your passport serves as a substitute for the Emirates ID in some cases.

2. Employment Contract: A verifiable employment contract with a reputable company can be considered in some loan applications.

3. Salary Transfer Agreement : If your salary is directly transferred to a UAE bank account, this can act as proof of income and employment stability.

4. Guarantor with Emirates ID : A UAE resident with a valid Emirates ID can act as a guarantor for your loan, vouching for your financial credibility.

5. Proof of Address: Utility bills or rental agreements to demonstrate your UAE residency.

6. Maintain a good credit score : Building a positive credit history in the UAE will improve your access to better loan options in the future.

7. Salary Statements: Recent bank statements showing salary transfers for a specific period.

8. Financial Statements: For larger loan amounts, you may need to submit financial statements.

9.Recent salary certificates

10.Employment : Stable income with a minimum salary requirement (varies by lender).

11. Credit score reports (if available)

Additional Documents may vary possibly specific to the lender.

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Loan options/Amounts & Interest Rates :

Expect lower loan amounts and potentially higher interest rates compared to loans obtained with an Emirates ID. Loan amounts may range from AED 5,000 to AED 20,000, and interest rates could be upwards of 15% per annum.

The spectrum of loan options available to non-Emiratis without an Emirates ID may be narrower than for Emiratis. However, several lenders offer personal loans, car loans, and even mortgages, with loan amounts varying based on your financial standing and guarantor availability.

Before You Apply :

Compare loan options : Thoroughly research and compare interest rates, fees, and repayment terms offered by different lenders.

Calculate affordability : Ensure you can comfortably manage the monthly repayments before committing to a loan.

Read the fine print : Carefully review the loan agreement, understanding all terms and conditions before signing.

Maintain a good credit score : Building a positive credit history in the UAE will improve your access to better loan options in the future.

Important Note :

Be wary of unlicensed lenders or loan sharks who may exploit your situation with exorbitant interest rates and unfair terms. Stick to reputable financial institutions and platforms to safeguard your financial security.

Remember, borrowing should be a well-considered decision. Evaluate your needs carefully and only borrow what you can comfortably repay.

This information serves as a starting point. Always conduct your own research and consult with financial experts before making any loan-related decisions.

Steps and Procedures to apply loan in UAE without Emirates Id Card

Research and Compare best loan providers on different platforms

 Explore options offered by banks, financial institutions, and peer-to-peer lending platforms. Consider factors like interest rates, loan amounts, repayment terms, and eligibility requirements.

Pre-Qualification check before applying

Explore online tools or contact lenders directly for pre-qualification checks. This gives you an idea of potential loan eligibility without impacting your credit score.

Gather all Required documents to apply

 Prepare all necessary documents as listed by the chosen lender. Ensure they are copies of valid and recent versions.

Formal Application

Submit your formal loan application through the lender’s preferred channel (online, branch visit, etc.). Be prepared to answer additional questions and provide clarifications.

Credit Check will be done by lenders

Lenders will conduct a credit check, potentially in your home country, to assess your financial history and creditworthiness.

Approval and Disbursement in the last step

Upon approval, review and sign the loan agreement carefully. Loan disbursement timelines may vary depending on the lender and amount.

Apply Online or Offline

 Many lenders offer online loan applications, while some require physical visits to branches.

Guarantor Consideration

 If necessary, find a UAE resident with an Emirates ID willing to be your guarantor.

Essential Tips for a Smooth Loan Journey in UAE:

Maintain a Good Credit Score: A strong credit history can significantly improve your chances of loan approval and secure better interest rates.

Choose a Reputable Lender : Research the lender’s reputation, track record, and customer reviews before applying.

Understand Loan Terms and Conditions : Read the loan agreement thoroughly before signing, paying close attention to interest rates, fees, and repayment terms.

Borrow Responsibly : Only borrow what you can comfortably repay, considering your financial situation and future commitments.

Seek Professional Guidance: Consider consulting financial advisors or loan specialists for personalized advice and assistance with navigating the loan application process.

Transparency and Honesty: Be transparent and honest with lenders about your financial situation and income.

Key points to remember before applying loan in UAE

Interest Rates : Loans without Emirates IDs typically incur higher interest rates compared to those with it. Be prepared for potential additional fees or charges.

Loan Amounts : Loan amounts for non-Emiratis may be lower compared to those with Emirates IDs.

Repayment Terms : Carefully consider the repayment terms and ensure they are within your financial capacity.

Alternative Options : Explore alternative financing options like salary advances, credit cards, or peer-to-peer lending platforms, which may have less stringent eligibility requirements.

Remember, obtaining a loan without an Emirates ID in the UAE requires careful planning, research, and responsible borrowing practices. By following these guidelines and utilizing available resources, you can navigate the loan landscape and secure the financial support you need.

For More Info ,check out on below links :

Central Bank of the UAE :

Al Etihad Credit Bureau :

Dubai Financial Services Authority :

Disclaimer : This information is for general guidance only and does not constitute financial advice. Always consult with a qualified financial advisor before making any loan decisions.We are not a registered financial firm ,The above information is for education purpose only.