Take control of your debts with ‘Raha Debt Takeover’, and consolidate into one loan, with a convenient payment plan, and enjoy a payment holiday of up to 3 months to refocus on savings and family wellbeing.

Get Personal Loans for an amount up to 20 times your salary

Get Raha and avail these unmatched benefits:

• Consolidate your debt and control your financials
• Up to 3 months instalment payment holiday
• A ‘Ziyada’ overdraft facility of up to 2 x your salary
• A current account with No minimum Balance
• Free Debit Card powered by Mastercard benefits
• Up to 3 Free* Cheque books of 10 leave each
• Up to 3 free cash withdrawals from Switch network in UAE
• A chance to win a zero-interest loan of up to AED 150,000**

1. Login to our Mbank UAE app and select “More”.
2. Go to “Services” and request IBAN Certificate, which will be sent to your registered email in seconds.
3. Forward the IBAN certificate to your HR department and request your salary to be transferred to Al Maryah Community Bank (Mbank).

For Gold current account, minimum salary requirement is AED 3,000, and no minimum salary required for savings account. Please refer to https://www.mbank.ae/ for type of accounts

• Salary transfer to Mbank account
• Employer should be on Mbank’s Approved list
• Age: Minimum 21 years. Maximum 60 years expatriates / 70 years UAE Nationals at the time of loan maturity
• Salary: Minimum AED 10,000 p.m. for UAE Nationals. Minimum AED 15,000 p.m. for Expatriates
• Years of Service: Minimum 1-year Expatriates / 6 months or confirmed for UAE Nationals whichever comes first
• No adverse findings in the UAE Credit Bureau

• Salary Certificate to be obtained in original, not more than 30 days old.
• 6 Months Bank statement from retiring Bank in case of buyout loan or new relation
• Liability letter from retiring Bank
• Valid Identification documents

The loan eligibility is up to a maximum of 20 times your monthly salary, subject to Mbank terms and conditions. Value capped AED 2Mn for UAE Nationals and AED 1Mn for expatriates.

• Minimum: 12 months
• Maximum: 48 months

Please refer to Mbank fees & charges (click here)

For Fresh personal loan up to maximum 60 days and for Debt takeover loan up to 90 days

Maximum 3 in loan year, at least 3 installments should be repaid before 1st deferral and the same between the first and second(following) deferral, subject to Mbank terms and conditions.

Please refer to Mbank fees & charges (click here)