The Personal Loan Promissory Note is a crucial document in UAE personal lending operations, designed to create a legally enforceable obligation for loan repayment. It is commonly used when an individual borrows money from a financial institution or another party, providing the lender with a formal acknowledgment of debt and commitment to repay. The document must comply with UAE Federal Laws, including the Civil Code and Commercial Code, while adhering to Sharia principles regarding financial transactions. It typically contains essential elements such as the loan amount, profit rate, payment terms, and party details, serving as both a proof of debt and a legally enforceable instrument. This document type is particularly important in the UAE banking sector, where it provides security for lenders while ensuring borrower obligations are clearly defined within the local legal framework.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Promise to Pay: Clear, unconditional promise to pay the specified amount (must use specific mandatory language under UAE law)
2. Loan Amount: Precise statement of the principal amount in both numbers and words
3. Profit/Interest Rate: Specification of the applicable profit rate (ensuring Sharia compliance in terminology)
4. Payment Terms: Detailed payment schedule including due date(s) and payment method
5. Place of Payment: Specific location or account where payment must be made
6. Maker Details: Full legal name, Emirates ID, address, and contact details of the borrower
7. Payee Details: Full legal name, address, and details of the lender
8. Date and Place of Execution: Date and location where the promissory note is signed
9. Default Provisions: Consequences of default and acceleration clauses
10. Governing Law: Specification of UAE law as governing law
1. Guarantor Details: Used when a third party guarantees the loan, including full legal details of guarantor
2. Security Provisions: Used when specific assets are pledged as security for the loan
3. Insurance Requirements: Used when life or other insurance is required as part of the loan agreement
4. Early Payment Terms: Used to specify conditions and calculations for early repayment
5. Cross-Default Provisions: Used when the note is part of a larger financing arrangement
6. Assignment Clause: Used when transfer rights need to be specified for either party
1. Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
2. Profit Calculation: Breakdown of how profit/interest is calculated and applied
3. Security Details: If applicable, detailed description of any security/collateral
4. Related Party Information: Additional details of guarantors or other related parties if applicable
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Islamic Finance
Consumer Finance
Retail Banking
Microfinance
Credit Services
Personal Banking
Relevant Teams
Legal
Compliance
Credit Risk
Retail Banking
Operations
Documentation
Collections
Islamic Banking
Personal Banking
Relevant Roles
Loan Officer
Credit Manager
Legal Counsel
Compliance Officer
Risk Manager
Banking Operations Manager
Personal Banking Manager
Document Controller
Legal Documentation Specialist
Credit Risk Analyst
Retail Banking Officer
Islamic Banking Specialist
Collections Manager
Find the exact document you need
Training Agreement Between Company And Trainer
UAE-governed agreement establishing terms between a company and trainer for professional training services delivery.
find out more
Supply Agreement Contract
UAE-governed agreement establishing terms and conditions for regular supply of goods between supplier and buyer, compliant with UAE commercial laws.
find out more
Service Bond Agreement
A UAE-governed agreement that binds an employee to serve an organization for a specified period in return for employer-provided training or education.
find out more
Reservation Contract
A UAE-compliant legal document that secures a property for potential purchase through a formal reservation process, establishing terms and conditions under UAE law.
find out more
Public Service Agreement
UAE-governed agreement for the provision of public services between government entities and service providers, incorporating local regulatory requirements and service standards.
find out more
Operation And Maintenance Contract
UAE-governed Operation and Maintenance Contract establishing terms between facility owners and maintenance contractors, including service scope, standards, and regulatory compliance requirements.
find out more
Framework Contract In Procurement
UAE-governed framework agreement establishing terms for repeat procurement of goods/services, enabling streamlined future purchases under standardized conditions.
find out more
Facility Letter
A UAE-governed document issued by financial institutions outlining credit facility terms and conditions, serving as both an offer letter and binding agreement once accepted.
find out more
Exclusive Buyer Brokerage Agreement
UAE-governed agreement establishing exclusive representation rights between a licensed real estate broker and property buyer, compliant with UAE Federal and emirate-specific regulations.
find out more
Enterprise Subscription Agreement
UAE-compliant Enterprise Subscription Agreement template for establishing terms of subscription-based services to enterprise customers.
find out more
Development Services Agreement
UAE-governed agreement for software development and technical implementation services, establishing terms for development work, deliverables, and parties' obligations.
find out more
Customer Protection Agreement
A UAE-compliant agreement outlining consumer rights and business obligations under Federal Law No. 15 of 2020, establishing protected business-consumer relationships.
find out more
Clearing Agreement
UAE-governed agreement establishing clearing and settlement arrangements between a clearing house and its member, aligned with UAE Central Bank regulations and federal laws.
find out more
Admission Agreement
A UAE-compliant agreement governing the admission of students to educational institutions, aligned with federal and emirate-specific education regulations.
find out more
Administrative Contract
A UAE-governed contract between government entities and private parties, incorporating special administrative law provisions and public procurement requirements.
find out more
Transfer Contract
A UAE-compliant legal document facilitating the transfer of assets, property, or rights between parties, structured according to UAE Civil Code requirements.
find out more
Shared Services Agreement
UAE-governed agreement establishing shared services arrangements between organizations, including service scope, standards, and governance.
find out more
Installation Agreement
UAE-governed agreement setting out terms and conditions for installation works, including technical specifications, timeline, and compliance requirements.
find out more
Payment Settlement Agreement
A UAE-governed agreement that formalizes debt settlement terms and payment arrangements between parties, ensuring legal compliance and enforceability under UAE law.
find out more
Web Development Agreement
UAE-governed agreement outlining terms and conditions for website development services, including project scope, deliverables, and legal compliance requirements.
find out more
Dispatcher Agreement
UAE-governed agreement defining terms and conditions for dispatch services, including operational procedures and compliance requirements.
find out more
Staffing Agreement
UAE-governed agreement establishing terms for workforce provision services, compliant with UAE Federal Labor Law and employment regulations.
find out more
Personal Services Contract
UAE-governed agreement for professional services engagement, compliant with UAE Labor Law and civil code requirements.
find out more
Staff Contract
UAE-compliant employment agreement template establishing terms and conditions of employment under UAE Federal Law No. 33 of 2021.
find out more
Volunteer Agreement
UAE-governed agreement establishing the terms and conditions between an organization and a volunteer, ensuring compliance with UAE volunteering regulations.
find out more
Home Construction Contract
UAE-governed construction contract for residential properties, defining terms between property owner and contractor while ensuring compliance with local building regulations.
find out more
Home Repair Contract
UAE-governed contract for home repair services between contractor and homeowner, compliant with UAE Civil Code and local regulations.
find out more
Loan Agreement Document
UAE law-governed agreement establishing loan terms between lender and borrower, compliant with UAE Federal Laws and banking regulations.
find out more
Truck Driver Contract Agreement
UAE-governed employment agreement establishing terms and conditions between a transport company and truck driver, compliant with UAE Labor and Traffic Laws.
find out more
Real Estate Purchase Contract
UAE-governed agreement for real estate property purchase and sale, compliant with federal and emirate-specific property laws.
find out more
Data Processing Agreement
UAE-governed agreement establishing terms for personal data processing between controller and processor, ensuring compliance with UAE Federal Decree-Law No. 45/2021.
find out more
Landscape Contract
UAE-governed contract template for landscape construction and maintenance services, incorporating local regulatory requirements and industry standards.
find out more
Graphic Design Contract
UAE-governed contract for graphic design services, outlining project scope, deliverables, and intellectual property rights under UAE Federal Laws.
find out more
Web Design Contract
UAE-governed agreement for website design services, outlining project scope, deliverables, and legal obligations under UAE electronic commerce laws.
find out more
Design Services Agreement
UAE-governed agreement for professional design services, outlining service scope, deliverables, and mutual obligations between designer and client.
find out more
Business Transfer Agreement
UAE-governed agreement for the transfer of business ownership and assets between entities, ensuring compliance with local laws and regulations.
find out more
Simple Consulting Agreement
UAE-compliant consulting agreement template establishing professional services relationship with clear terms and obligations.
find out more
Notary Rent Agreement
A UAE-compliant notarized rental agreement establishing legally binding terms and conditions for property lease, requiring official authentication under UAE law.
find out more
Design And Construct Contract
UAE-compliant Design and Construct Contract combining design and construction obligations under a single agreement, suitable for major construction projects in the United Arab Emirates.
find out more
Consultancy Agreement With Company
UAE-governed consultancy agreement between companies, establishing terms for professional consulting services while ensuring compliance with UAE commercial and corporate laws.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)