Finance House Personal Loan Eligibility - Check out the Eligibility Criteria for Finance House Personal Loan in UAE like Minimum Salary, Age, Document Required, Nationality, Salary Transfer & More.
The National Bank of Fujairah offers excellent personal loan services in the UAE. This loan service, offering you a convenient way to finance your needs, is available across various repayment plans and provides competitive interest rates. You can apply for this loan online, by phone, or in person and receive quick approval. The loan also provides quick access to the funds, allowing you to use the money for any purpose you wish. You can also benefit from the flexibility that comes with the loan such as the ability to make additional payments or pay off the loan early. With these services and more, the National Bank of Fujairah is committed to providing a hassle-free loan process for its customers in the UAE.read more
Get personal loan at Lowest Interest Rate
Personal Loans are one amongst the various services offered by the National Bank of Fujairah. The NBF Personal Loan are offered at interest rates starting from 5.99%, with repayment periods up to 48 months. NBF personal loans provide funding for the dreams and hopes of the applicant. With flexible terms of payment and competitive rates of interest, these personal loans help them in fulfilling their ambitions. These loans can be availed by both expats and the UAE Nationals for their education, holidays, furnishing the house, and much more.
Headquartered in Fujairah, the National Bank of Fujairah (NBF) offers various banking services such as retail banking, corporate banking, and commercial banking.
The offered NBF Personal Loan Interest Rate starts from 5.25 % per annum (reducing balance).
|Early settlement||Yes 1% of settlement amount|
|Free Credit Card||Yes|
|Free Personalized Cheque Book||Yes|
Listed below are the features and benefits of the National Bank of Fujairah Personal Loan.
The NBF personal loan charges competitive rates of interest starting from 5.99% pa, making it easier for the applicant to repay the loan.
The borrower can make flexible and convenient repayments of their personal loan in monthly installments.
With the benefit of high salary multiples, the applicant can apply for a personal loan up to twenty times their salary.
The NBF personal loan provides the borrower a maximum loan tenor of 48 months.
The applicant can easily apply for this loan by visiting the nearest branch of NBF, through phone banking, or by using NBF Direct.
21 years (minimum)60 years (the maximum age for expats) 65 years (the maximum age for UAE Nationals)
5,000 AED per month
Applicant should be living in the UAE
Note- The applicant needs to provide valid proof that they are earning a salary to be eligible for the National Bank of Fujairah Personal Loan.
|ID/Address Proof||Copy of the valid passport and Visa for UAE Residence (for expats)|
|Bank Statements||6 months’ statements (original)|
|Salary Proof||Salary certificate (not more than thirty days old)|
|Other Documents||Duly filled application form|
|NBF Personal Loan Calculator|
Ans: Yes. In order to qualify for the personal loan; you have to transfer your salary to your NBF account every month.
Ans: The loan application usually gets processed within 6 working days.
Ans: Once approved, your loan amount will be transferred to your NBF account.
Ans: The bank needs a confirmation that you have worked with your current organization for at least 6 months to be eligible for an NBF personal loan.
Ans: When the applicant applies for a personal loan, they will have to provide the bank with a standing order deduction for deducting their monthly installment from their NBF account.
Ans: For expatriates, the age should not be more than 60 years at the time of loan maturity. For UAE nationals, the age should not exceed 65 years at the time of loan maturity.
Ans: The maximum loan tenor is up to 4 years.
Ans: Yes. In order to be eligible to apply for this loan, you must be living in the UAE.
Ans: Throughout the duration of your loan, your monthly installments are fixed (they would not change every month). The loan officer will guide you regarding your installment amount before processing your application for the personal loan.