Dunia Personal Loan AED 5000 Minimum Salary

Dunia Personal Loan Services in Dubai

Dunia Finance Limited is regulated by the Central Bank of United Arab Emirates. It was incorporated and established since 2008.

Dunia offers following 2 credit services for individuals:

  • Credit Card
  • Personal Loan

Salary eligibility criteria & related documents required

Similar to most of the banks in UAE, there is a minimum income requirement in order to be eligible for personal loan from Dunia Finance Limited.

Monthly salary should be minimum AED 5,000

  • Salary should be credited in the bank account. Loan is not granted to employees receiving salary in cash or cheque.
  • While applying for the loan, you have specify fixed monthly income (AED) and Variable monthly income, if any
  • Recent pay slip/income documents

Other Documents Required:

  • Copy of passport with residence visa
  • Copy of Emirates ID
  • Past 3-6 months bank statement
  • Copy of credit card with recent credit card statement
  • Proof of residence

Exciting Features:

  • Personal loan installment is as low as AED 305 per month
  • Salary transfer is not mandatory
  • Life cover in case of death and permanent total disability

Fees & other charges

  • Processing fees: 1% of loan amount
  • 5% VAT
  • Interest Rate: Up to 39.99% p.a.
  • Early Loan Settlement: 1.05% of remaining balance, maximum AED 10,000
  • Loan Rescheduling Fee AED 105
  • No Liability Certificate AED 100
  • Liability Letter AED 100
  • Partial Payment Charges 1.05% of partial payment
  • Loan Top-Up 1% of loan amount
  • Delayed Payment Penal Interest Charges 2.1% of the delayed amount
  • Loan Cancellation Fee AED 105

Application Process for Personal Loan

You can apply online personal loan by visiting this official link. Applicant needs to submit following details when filling the form online.

Personal Details Required:

  • First Name
  • Last Name
  • Gender
  • Date of Birth
  • Marital Status
  • Nationality
  • Mobile Number
  • Email address
  • Fixed Income in AED
  • Variable Income (if any) in AED
  • Emirates currently working in: Abu Dhabi, Sharjah, Dubai, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah
  • Years living in UAE
  • Whether house you are staying is owned or rented
  • Whether salaried or self employed
  • Employer Name
  • Designation
  • Do you have any loan or credit card in UAE
  • Emirates ID Number
  • Loan tenure required – 1 to 4 years

At the time of applying online for personal loan, you also need to give consent to disclose your information by credit bureau to Dunia.


After submitting the details, you will be prompted with the message stating that Dunia’s team will get in touch shortly to proceed with your application.

Sample EMI Calculation:

(1) If a salaried employee wants to borrow AED 10,000 for an year and his/her salary is AED 15000 then the EMI will be AED 965 (provided he has not availed any type of credit service in UAE before)

(2) If a salaried employee wants to borrow AED 10,000 for 1-2 years and his/her monthly income is AED 15000 then the EMI will be AED 677 (provided he has not availed any type of credit service in UAE before).

Author Bio – Chandra Mehta:

This article has been written by Chandra Mehta.

Chandra is a seasoned banker with 35+ years of experience in banking and financial services industry. He’s a retired banker and has served as Chief Manager and Assistant Vice President in State Bank of India/or its subsidiaries.

He has authored many articles on this site (allonmoney.com).

He can be reached at cha[email protected]. You may also visit his LinkedIn profile.

Author Bio:

I am Nikesh Mehta, owner and writer of this site.

Nikesh Mehta - Image

I’m an analytics and digital marketing professional and also love writing on finance and technology industry during my spare time. I’ve done online course in Financial Markets and Investment Strategy from Indian School of Business. I can be reached at [email protected] or LinkedIn profile.

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