Apply Emirates NBD Personal Loan for Expats & UAE Nationals

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.

Features & Benefits Emirates NBD personal loan for Expats & UAE Nationals

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:

Loan Amount: The borrower can avail a high loan amount up to 600,000 AED.
Salary Transfer: The personal loan can be availed without salary transfer.
Facility of Seven-Day Loan Return: As per the applicable terms and conditions, the borrower who is not fully satisfied after the disbursal of personal cash loan can return it without any charges (with all fees & charges waived off).

Please Note- To avail the policy of seven-day loan return, the borrower must inform the bank/sales agent within seven days.

Double Insurance Coverage: Under double insurance, the Emirates NBD personal loan borrower is insured. In the event of an unfortunate circumstance, the partner insurance company will pay the loan outstanding and provide an equivalent amount to the borrower’s next of kin.

Eligibility & Documents Required

Eligibility

Particulars	Descriptions
Minimum Income Required	AED 6000 for applicant having an existing account and auto loan/ credit card with Emirates NBD. AED 12000 for applicants having an existing account but no auto loan or credit card with Emirates NBD.
Other Requirements	12 months (minimum) banking relationship is required. 6 salary credits during 6 months length of service of the applicant with the current employer.

Documents Required

Particulars	Descriptions
Proof of Identity/Address	Original & copy of Emirates ID Idbara page of ‘UAE Nationals’ Passport Copy with Resident Visa Page Utility bill or Residency Proof Security Cheque (undated) Statements of credit cards (if applicable)
Salaried Individual	Bank Statement of the last 3 months Latest Salary Transfer letter
Self-employed Individual	Bank Statement of the last 6 months Power of Attorney Trade License Memorandum of Association
Personal Loan to Minor	Attested copies of co-borrowers/guarantor’s Emirates ID, Passport & Visa, Trade License, and Income Details.