Emirates NBD New Staggered Installment Plan

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.

Address: Citibank UAE, P.O. Box 749, Dubai, United Arab Emirates.

0 People rated this page

Emirates NBD Bank

New Staggered Installment Plan

Minimum Salary

AED 5K

Flat Rate

2.49%

Reducing Rate

4.61%

Loan Amount

AED 250K

Early Settlement Fee

4%

Arrangement Fee

AED 500

Down Payment

20%

Apply Now
minimum salary

AED 5K

Minimum Salary

flat rate

2.49%

Flat Rate

reducing rate

4.61%

Reducing Rate

max finance

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arragement fee

AED 500

Arrangement Fee

down payment

20%

Down Payment

Apply Now

View details on bank page

Features

  • Repayment period is up to 72 months
  • Interest rate for the given finance is 2.49%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 4.61% and 2.49%.
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is AED 500
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD bank
  • Low minimum salary requirement is there for given finance
  • Finance can be provided for new as well as used cars
  • Maximum repayment period is of 60 months
  • Documentation is simple
  • Minimum salary requirement is low
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments

Frequently Asked Questions

⭐ What is the most that I can borrow from Emirates NBD?

A. It depends on the value of the collateral. On the basis of your credit score and income, you will be able to qualify only for a smaller amount.

⭐ Can I get copy of my credit report from Emirates NBD?

A. No, Emirates NBD does not provide copy of your credit report.

⭐ What is the minimum credit score we need to apply for car loan in Emirates NBD?

A. Your credit score ranges from 300 to 900, where 300 is least and 900 is best.

⭐ Does Emirates NBD bank finance commercial vehicles?

A. Yes, Emirates NBD bank finances commercial vehicles also.

⭐ For How long can I finance my vehicle in Emirates NBD bank?

A. You can finance your vehicle for maximum of 72 months.

Emirates NBD

In 2007, Emirates Bank International (EBI) and the National Bank of Dubai (NBD), the second and fourth largest banks in UAE, merged to form the banking champion - Emirates NBD. With more than 200 branches and over 900 ATMs and Cash Deposit Machines (CDMs) across the country and overseas, it is globally recognized as the most valued financial services provider in the Middle East. On November 15, 2016, Emirates NBD took over Emirates Money Consumer Finance LLC, becoming a regional consolidation blueprint for banking and finance sector in the UAE.

Corporate Values of the Emirates NBD are:

  • Customer Focus
  • Service Excellence
  • Innovation
  • Passion For Performance
  • Integrity
  • Teamwork

   Get in touch with Emirates NBD Customer Care

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.

Show/Post Comments