What is a Loan Buyout?
A loan buyout is a financial facility that consolidates your existing loans and outstanding credit card balances across banks into a single structured account. Subject to your salary eligibility and UAE Central Bank lending limits, you may also qualify to receive surplus liquidity as cash.
Benefits of Loan Buyout & Consolidation
Consolidating your outstanding liabilities into a structured buyout facility offers distinct practical advantages:
Lower Monthly Commitments: Replace scattered high-interest facilities or multiple card payments with a single, lower monthly installment designed to fit your cash flow.
Streamlined Single Payment: Merge multiple payment deadlines and bank statements into one clear, scheduled monthly deduction.
Competitive Profit Rates: Take advantage of favorable reducing interest rates from direct funding sources or our UAE banking network.
Eligible Top-Up Funding: Access additional liquidity when your overall Debt Burden Ratio (DBR) and salary profile allow under UAE lending guidelines.
Customized Repayment Tenor: Choose agreed repayment schedules from 24 up to 48 months with fixed installment terms agreed upon upfront.
Note: Loan terms, reductions in monthly outflow, and additional financing amounts are subject to individual salary evaluation, existing liabilities, and UAE Central Bank retail lending criteria.