NBAD Personal Loan Eligibility

Minimum Salary

Interest Rate

Loan Amount

Reducing Rate

National Bank of Abu Dhabi

National bank of Abu Dhabi is the first bank in Abu Dhabi providing various financial services to the UAE Residents. It provides personal loan for low-interest rates comparatively.

Eligibility for NBAD

  • Minimum salary of AED 10,000 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.
  • Age Limit- Minimum age of 21 and maximum age of 65 years is mandatory.
  • Length of work-- Duration of work of 6 months is mandatory, else this can affect the loan approval chances.
  • Monthly income- If your monthly income is less than AED 10,000 then the bank doesn’t approve your loan.
  • Company listed with the bank- If your company is not listed with the bank, the banks might reject your loan.
  • Salary Transfer- If your salary transfer is not to NBAD account, the banks might reject your loan.
  • 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. Bank 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. What is the maximum finance provided?

A. For UAE Nationals AED 50,00,000 and for Expats AED 20,00,000

Q. How many months bank statements are required?

A. Minimum 3 months bank statements are needed to be submitted.

Q. Is salary transfer mandatory?

A. Yes, Salary transfer to your NBAD bank account is mandatory.

Q. What are the annual fees for the credit card provided?

A. A credit card for zero annual fees will be provided with the personal loan.

Check the list of NBAD Personal loans.