Get personal loan at lowest interest rate
Get personal loan at lowest interest rate
Personal Loan up to 8 times your Salary
Emirates NBD personal loan for Expats & UAE Nationals is offered at reducing interest rates up to 5.24% with a maximum repayment period of 48 months i.e. 4 years The applicant can avail the same in the case of a financial emergency. With the personal cash loan, even those individuals who are employed by companies which are not on the approved list of Emirates NBD can avail additional funds.
|
Feature |
Availability |
|---|---|
|
Salary Transfer |
Required |
|
Early settlement |
Yes 1% of settlement amount |
|
Cashback |
No |
|
Free Credit Card |
Yes |
|
Free Personalized Cheque Book |
Yes |
|
Free Insurance |
Yes |
|
Introductory Offers |
No |
|
Phone Banking |
Yes |
Following are the key features & benefits of Emirates NBD personal loan for expats & UAE nationals:
Please Note- To avail the policy of seven-day loan return, the borrower must inform the bank/sales agent within seven days.
| Particulars | Descriptions |
|---|---|
|
Minimum Income Required |
|
|
Other Requirements |
|
| Particulars | Descriptions |
|---|---|
|
Proof of Identity/Address |
|
|
Salaried Individual |
Bank Statement of the last 3 months Latest Salary Transfer letter |
|
Self-employed Individual |
|
|
Personal Loan to Minor |
Attested copies of co-borrowers/guarantor’s Emirates ID, Passport & Visa, Trade License, and Income Details. |
Note- If needed, additional documents may be required.
Q.1. What is the maximum tenor for a personal loan?
Ans: The maximum loan tenor is 48 months.
Q.2. What is the minimum time required to process an application for Emirates NBD personal loan?
Ans: It takes at least two working days to process an application for Emirates NBD personal loan.
Q.3. Do I need to pay any loan processing fee?
Ans: Yes, you need to pay 1 percent of the loan amount as a loan processing fee.
Q.4. Is it mandatory to be an existing customer of Emirates NBD to be eligible for the personal loan?
Ans: Yes, the applicant must have at least 12 months of banking relationship with Emirates NBD.
Q.5. What is the loan cancellation charge?
Ans: The borrower needs to pay 50 AED for cancelling the ENBD personal loan.