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Overdrafts & Salary Advance
Financial tools to help you manage your outgoings.Overdrafts
The smartest way to manage your financial outgoings is to apply for a hassle free RAKBANK Overdraft. This facility can be arranged for any specific period and up to 12 months, to suit your individual circumstances.
Salary Advance
RAKBANK is the first bank in the UAE to offer a Salary Advance service over the phone to its customers. You don’t have to leave your home or office and you can arrange a salary advance even whilst on holiday!
Salary Advance through - RAKdirect our 24 hour banking service is affordable and costs just AED 150*, that’s AED 100 less than if you visited your branch. To take advantage of this service, you need to have your monthly salary transferred to your RAKBANK account and be registered as a RAKdirect customer.
Note: Registration is required for customers that currently do not hold an active personal loan at RAKBANK.
For more information or to apply for an Overdraft or Salary Advance, please call us on 04 - 213 00 00 or click here.
Overdrafts and Salary Advances are issued at the sole discretion of RAKBANK and are subject to Terms and Conditions
* Plus prevailing interest - Min. AED 50 per month.
