Emirates NBD Personal Cash Loan

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.

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Emirates NBD Bank

WarningMessage This product is discontinued by the Bank

Personal Cash Loan

Minimum Salary

AED 12K

Flat Rate

4.86%

Reducing Rate

8.99%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Salary transfer is not mandatory
  • Company need not be listed with the bank
  • High finance
Apply Now
minimum salary

AED 12K

Minimum Salary

flat rate

4.86%

Flat Rate

reducing rate

8.99%

Reducing Rate

max finance

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Advantages

  • Salary transfer is not mandatory
  • Company need not be listed with the bank
  • High finance
Apply Now

Features

  • Repayment period is up to 4 years
  • Should have at least 6 months work service at the current company
  • A minimum of 12 months banking relationship is required with Emirates NBD
  • The loan is provided for a interest rate of 8.99%
  • Minimum salary of AED 10,000 is required for applicants with existing Credit Card or Auto Loan with Emirates NBD
  • Minimum salary of AED 12,000 is required for applicants with a bank account at Emirates NBD
  • The reduction rate and the flat rate is 8.99% and 4.86%. This denotes that the computation done was a division of the reduction rate by 1.849
  • Finance up to AED 800,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 800,000 loan amount
  • Around 560 ATMs of the Emirates NBD are there around the UAE
  • Repayment period is long
  • Both Expats and UAE Nationals can apply for this scheme
  • Documentation is simple and easy

Frequently Asked Questions

⭐ Do I need to be an existing Emirates NBD customer to be eligible for the loan?

A. Yes, the loan applicant must be banking with Emirates NBD for at least 12 months.

⭐ What is the minimum salary required for the new Emirates NBD customers?

A. If you don’t have an Emirates NBD credit card or Auto loan then AED 12,000 is the minimum salary required.

⭐ Do I need to have an Emirates NBD credit card?

A. No, it is not mandatory to have an Emirates NBD Credit card to be eligible for the personal cash loan.

⭐ Can I get a No Liability Letter for free?

A. The No Liability Letter is provided on charges AED 100.

⭐ Does Emirates NBD check the credit score while you apply for personal loan?

A. Yes, before approving your loan application Emirates NBD go through your credit report.

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

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