Emirates NBD Personal Loan Eligibility

Minimum Salary

Interest Rate

Loan Amount

Reducing Rate

Emirates NBD

Emirates NBD provides various kinds of personal loans with an intention to meet the requirements of each and every individual.

Eligibility criteria for Emirates NBD

  • Minimum salary of AED 5000 is required.
  • Both UAE Nationals and Expats are eligible.
  • Even self-employed individuals are eligible .

What influences Eligibility?

  • Credit history- Your previous or existing loans and credit cards can affect your current loan approval. Low credit score applications can be rejected.
  • Monthly income- If your monthly income is less than AED 5000 then the bank doesn’t approve your loan.
  • Length of service- If no minimum 6 months of duration at work, banks may reject your loan application.
  • Salary transfer- Other than Non-salary transfer personal loan holders, the personal loan holders should transfer their salary to the Emirates NBD account.
  • Documents- Documents like Salary certificate, Passport, Emirates ID, Trade license (If Self employed) are mandatory.
    1. Salary Certificate- Salary Certificate is a mandatory document for any kind of finance as it is a proof of your work and an employment in a company. Banks can ask for a salary certificate or salary certificate letter.
    2. Emirates ID- Emirates ID is a proof to confirm your identity. Without Emirates ID banks do not approve the loan.
    3. Trade License- For the self-employed individuals trade license is a mandatory document.

Tips to improve loan approval chances

  • Make sure you meet the age limit.
  • Pay your current loans or credit card bills on time so that it won’t disturb your credit score.
  • Maintain all the required mandatory documents.
  • Don’t take more than required finance.
  • It is preferable to go for maximum tenures.


Q. Is salary transfer to the Emirates NBD account mandatory?

A. Yes, salary transfer is mandatory. If you cannot transfer your salary to the Emirates NBD account then you can check Non-salary Transfer Personal Loan.

Q. My service at work is 3 months. Am I eligible for a salary transfer loan?

A. Minimum 6 months of the length of service is required.

Q. I am new to UAE. Am I eligible to get a loan?

A. Yes, Emirates NBD provides personal loan for individuals new to UAE/new to employment.

Q. I’m 17 years old. Am I eligible to get a personal loan?

A. Yes, Emirates NBD provides a personal loan to minors.

Check the list of Emirates NBD Personal loans.