RAK Education Loan
Secure your child’s future
Introduction
Made for students. Designed for parents. We've designed the perfect loan to support your child's education in the UAE or abroad.
Key Features
High loan amount. Our Education Loan comes with a maximum loan amount of up to AED 300,000.
Competitive interest rates starting from 4.89% means you'll pay less over the life of your loan.
Flexible loan tenure. Our Education Loan can be availed with tenures of up to 48 months, giving you time to manage your budget more comfortably.
Preferential exchange rates. Enjoy the added benefit of preferential currency exchange rates when you remit to foreign institutions.
Apply for RAK Education Loan
Apply here
Eligibility
21 years old and above
Salaried parent residing and working in the UAE
Minimum salary of AED 5,000
Salary transfer to RAKBANK is mandatory