National Bank of Fujairah (NBF) Personal Loan

The National Bank of Fujairah (NBF) is a leading bank in the UAE with a remarkable history of more than four decades in the region. It provides services and products related to both personal and business banking in the UAE such as personal loans.

National Bank of Fujairah Personal Loan
National Bank of Fujairah Personal Loan
Personal Loan Starting from 2.63%* Interest rate

T&C Apply

  • Minimum Salary 5000 AED
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates

Get personal loan at Lowest Interest Rate

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Ras Al Khaimah
  • Ajman
  • Other

NBF personal loans are flexible and have many incredible features to meet the financial requirements of potential borrowers. This loan product is a suitable option for fast and easy access to funds. With a swift application process, you can instantly get approved for a loan.

Let’s go through the article below to understand the National Bank of Fujairah personal loan in detail.

Features and Benefits of National Bank of Fujairah Personal Loan

The key features and benefits of the NBF personal loan are as follows:

  • The minimum loan amount for this personal loan in UAE is AED 20,000.
  • The bank offers a maximum loan amount of up to AED 3 million for UAE nationals and AED 1 million for UAE expatriates.
  • This is a salary transfer personal loan, i.e., you would need to transfer your salary to an NBF account.
  • The bank offers a flexible loan repayment tenure of 48 months. Note that the maximum loan tenure for GHQ staff is 60 months.

What are the Eligibility Criteria for the National Bank of Fujairah Personal Loan?

To be eligible for the National Bank Fujairah Personal Loan, make sure that you meet the eligibility criteria given below -

  • You must have a minimum monthly income of AED 5,000.
  • You must have completed at least six months with your current employer.
  • You must be at least 21 years old to apply for the loan.
  • If you are a UAE national, your age should not be over 65 years at the time of loan maturity.
  • If you are a UAE expatriate, your age should not be over 60 years at the time of loan maturity.
NBF Personal Loan Calculator

Which Documents are Required to Apply for the National Bank of Fujairah Personal Loan?

To carry out the process of the National Bank of Fujairah personal loan, you must necessarily submit the following documents:

  • Your valid passport copy
  • A copy of your salary certificate (must be less than 30 days old)
  • Past 6 months’ original bank statements
  • A copy of your valid residency visa (applicable to expatriates)

National Bank of Fujairah Personal Loan: Fees and Charges

Mentioned in the following tables are all the fees and charges with respect to the National Bank of Fujairah personal loan -

Types of Fees Charges
Early Settlement Fee 1% of the Outstanding Loan Amount or AED 10,000 (whichever is lower)
Processing Fee 1% of the Loan Amount (Minimum of AED 500 and Maximum of AED 2,500)
Partial Settlement Fee 1% of the Outstanding Loan Amount or AED 10,000 (whichever is lower)
Life Insurance Fee 0.01902 * Loan Tenure in Months * Loan Amount
Late Payment Fee AED 200
Deferment Fee AED 100
Product Discounts Customers with an NBF credit card may be offered lower interest rates

Check out some frequently asked questions related to NBF personal loans below -

FAQ's

Q1. How long does the National Bank of Fujairah take to approve a personal loan application?

Ans: The bank usually takes up to 6 business days to approve loan applications.

Q2. Am I eligible to apply for the NBF personal loan if my monthly salary is AED 6000?

Ans: Yes, you are eligible to apply for the NBF personal loan as the bank requires a minimum salary of AED 5,000 for the same.

Q3. How to contact the National Bank of Fujairah for personal loan queries?

Ans: You can get in touch with the bank authorities by dialling 8008623.

Reviews & Ratings

4.6 / 5 (based on   15,000 +google icon reviews)
More From Personal Loans