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Personal loan  is a loan, which establishes consumer credit that is granted for personal use. It is typically unsecured and based on the integrity of borrower and his ability to repay. Features of personal loans in UAE: The main feature of personal loan in uae   is that it is unsecured by any collateral, and this applies to even personal loan to those who are not salaried.  Collateral is just any economic resource of fundamental value such as car, boat or house, which can be repossessed by a lender in case borrower forfeits on repayment of the loan. Let’s check out how do personal loans in UAE work ! Amount Required ·        a     Every bank in UAE stipulates a maximum amount of loan provided to you.        After you estimate how much you require, you can compare loans where the maximum pay-out is higher than you require. ·          Need of minimum salary Every bank in UAE imposes a minimum level of salary you need to earn if you want to qu