Personal Loan Provided By Emirates NBD

Features of Emirates NBD Personal Loan

• Home Improvement Personal loan up to AED 3 million
• Personal Loans for UAE Nations with additional income (rent / sponsorship fee) up to AED 3 million
• Automatic Top-up programme up to 125% times your original loan amount
• Personal loans for New to country / New to employment up to AED 400,000
• End - of - Service Benefit Backed Personal Loans up to 90% of End-of-Service Benefit amount
• Without End-of-Service Benefit Assignment Personal loans up to 15 times your salary or up to AED 500,000
• Loan for NRIs – Loan against / for NRE Fixed Deposits up to 90% of Fixed Deposit amount in AED and up to 80% for INR Fixed Deposit
• Personal loans for Bankers up to AED 200,000 for both UAE Nationals and expatriates
• Personal loans without salary transfer up to AED 200,000 for both UAE Nationals and expatriates
• Personal loans for self-employed professionals like doctors, accountants, engineers, architects, etc. of up to AED 300,000
• Personal loans for self-employed individuals in business for at least 2 years of up to AED 300,000
• Overdraft facility of up to 90% of the net monthly salary or 90% of the Fixed Deposits under lien with Emirates NBD

Emirates NBD offers a wide range of personal finance to match the needs of different customers. The loans offered are :

Salary transfer loans for UAE Nationals :

This is a personal finance provided to UAE Nationals who are willing to transfer their salary to their account with the bank.

• Minimum salary requirement of AED 5,000
• Maximum loan amount of up to AED 3,000,000
• Maximum tenure of loan up to 48 months
• Attractive interest interest rates starting from 5.99% reducing or 2.63% flat per annum
• Free bank account with no minimum balance requirement
• Free 7 day loan return option for customers who are not satisfied after the loan is disbursed
• Double Insurance coverage

Salary transfer loans for Expatriates :

Expatriates willing to transfer their salary with the bank can avail personal loans too. The features and benefits being similar to the personal loans for UAE Nationals, the maximum amount of loan provided to expatriates can go up to AED 1,000,000.

Personal Cash Loan :

These loans are available even for customers whose employer is not on Emirates NBD's Approved List of companies.

• Minimum salary requirement is AED 10,000 if you have an existing credit card or Auto loan with the bank, if not, then minimum salary requirement is AED 12,000
• Maximum loan amount up to AED 500,000
• Minimum 6 salary credits with 6 months length of service with current company
• For existing customers of credit cards / Auto loans – minimum banking relationship of 12 months

Eligibility Criteria of Emirates NBD Personal Loan

• Minimum salary AED 5000 is required
• UAE Residents of 21-65 yrs are eligible
• Both self-employed and salaried individuals are eligible

Check here for the Eligibility Criteria of Emirates NBD personal loan

Use Emirates NBD Loan Calculator to calculate your EMI of Emirates NBD Personal loans in UAE.