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HSBC increasing the minimal salary for a personal loan

Discussion in 'Dubai property' started by pisandre, Nov 10, 2008.

  1. pisandre

    pisandre New Member

    Getting tougher and tougher to get cash in UAE.

    HSBC has raised the minimum monthly salary someone in the UAE must earn to qualify for a personal loan to 20,000 dirhams ($5,445) due to the global credit crunch, the bank confirmed to Arabian Business on Monday.
  2. Manuch76

    Manuch76 New Member

    Wow, I was just getting ready to request a loan, and thought AED 11,000 would be enough. Bummer.
  3. pisandre

    pisandre New Member

    I just checked with HSBC. They still give a loan for:
    - medical reasons
    - hajj trip

    Anyone was able to get a personal loan from HSBC to pay an installment?
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