Top Personal Loans
NBAD Personal Loan for Expats
- Only Expats can apply for this scheme
- The loan is provided for a interest rate of 4.74%
- Minimum salary of AED 10,000 is required
- The reduction rate and the flat rate is 4.74% and 2.61%. This denotes that the computation done was a division of the reduction rate by 1.816
- It is mandatory to transfer your salary
- Finance up to AED 2,000,000
- Early settlement fee is 1% of the loan amount
- Arrangement fee is 1% of loan amount
- Applicants can get up to AED 2,000,000 loan amount
- Documentation is simple and easy
- There is low salary requirement and long repayment period along with this scheme
- Our special customers get 25% discount on processing fee
Frequently Asked Questions
Q. Is there any fee for rescheduling of loan in NBAD?
A. Yes, for the given loan rescheduling fee is AED 250.
Q. Do we get loan deferment option in NBAD?
A. Yes you get loan deferment option where you can skip up to 2 non consecutive installments per year.
Q. How do I decide my monthly loan installment in NBAD?
A. Monthly loan installment should be considered in such a way that not more than 40% of your monthly payments should go on paying all your debts.
Q. How do I apply for auto credit option in NBAD bank?
A. You can apply for auto credit option while filling the application form. By selecting this option you get extra benefits also.
Q. Can I get personal loan for business purpose in NBAD?
A. Yes, you can get personal loan for business purpose also.
National Bank of Abu Dhabi (NBAD), with its vision to be the World’s Best Arab Bank endeavors to provide the best products and service across the East-West corridor. Featuring in the World’s Top 50 safest banks, NBAD is a bank you can turn to for your financial needs without worry. The values as mentioned on www.nbad.com are :
- Put our customers at the forefront and “do the right things the right way”
- Value our people and foster great teamwork
- Empower our people and hold each other accountable for performance and behaviour
- Respect our heritage and be loyal to our stakeholders
NBAD offers a wide range of personal finance options