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National Bank of Fujairah Personal Finance

National Bank of Fujairah Bank

Personal Finance

Minimum Salary

AED 5K

Flat Rate

2.75%

Reducing Rate

5.99%

Loan Amount

AED 3000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free takaful insurance
  • High loan amount
minimum salary

AED 5K

Minimum Salary

flat rate

2.75%

Flat Rate

reducing rate

5.99%

Reducing Rate

max finance

AED 3000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Advantages

  • Free takaful insurance
  • High loan amount

View details on bank page

Features

  • You are provided with an option to buy-out your present personal finance
  • There are no hidden charges
  • The loan is provided for a interest rate of 5.99%
  • Minimum salary of AED 5,000 is required
  • The reduction rate and the flat rate is 5.99% and 2.75%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary
  • Finance up to AED 3,000,000
  • Early settlement fee is 1% of the loan amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 3,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme
  • Provides free Takaful insurance along with this scheme

Frequently Asked Questions

⭐ How will I receive the loan amount,once it is approved?

A. It will be transferred directly to your NBF account.

⭐ How long does it take to get the loan approved?

A. The loan gets approved within 6 working days.

⭐ What should be my monthly income to be eligible for personal loan in NBF?

A. . Your monthly income should be atleast AED 5,000 per month to avail this loan

⭐ Do I have to pay any charges while applying for personal loan?

A. Yes, you need to pay processing fee and application fee while applying for personal loan in National bank of Fujairah .

⭐ In how many days do we get to know the bank's decision of the application?

A. Bank convey its decision within 30 days of submitting required documents.

National Bank of Fujairah

Fujairah, an emirate on the east coast of UAE, known for its beaches and home to the massive Sheikh Zayed Mosque is one of the seven emirates that make up the UAE. National Bank of Fujairah (NBF) was established in the year 1982 and is one of the fastest-growing banks in the UAE. The values followed by the bank are :

  • Play a proactive role in the development of the community
  • Provide customers competitive financial services.
  • Create a work environment that helps the employees develop – personally and professionally.
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