Abu Dhabi launches interest-free marriage loan for upto Dh150,000 for nationals
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The Abu Dhabi Social Support Authority (SSA) has launched a 'Marriage Loan' initiative, offering interest-free loans up to Dh150,000 for eligible newly married UAE Nationals. Emiratis who are employed and hold an Abu Dhabi family book can apply.
Loan conditions include:
- Husband must be at least 21 years old; wife must be at least 18.
- Husband must hold a Family Book issued in Abu Dhabi.
- Application must be submitted by the husband.
- Husband's monthly income must be less than Dh60,000.
- Registration through the Medeem Digital Platform.
Applications will be accepted starting in early September 2024.
The initiative, part of the Abu Dhabi Family Wellbeing Strategy and the Emirati Family Growth Programme, aims to enhance family quality of life. It encourages young people to marry in line with UAE heritage and wedding traditions, fostering strong, resilient families.
Abdulla Al Ameri, Director-General of SSA, stated, "This initiative underscores the Abu Dhabi Government's dedication to strengthening family cohesion and social bonds, fostering population growth among citizens, and facilitating the formation of stable families. These efforts align with SSA's strategic direction to reinforce the stability of Emirati families and amplify the positive impact they have on society."