Emirates NBD UAE National Loan

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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 products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page 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.

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Emirates NBD Bank

UAE National Loan

Minimum Salary

AED 5K

Flat Rate

2.38%

Reducing Rate

4.49%

Loan Amount

AED 4000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free 0 balance account
  • No collateral/guarantor required
  • High finance is provided
Apply Now
minimum salary

AED 5K

Minimum Salary

flat rate

2.38%

Flat Rate

reducing rate

4.49%

Reducing Rate

max finance

AED 4000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Advantages

  • Free 0 balance account
  • No collateral/guarantor required
  • High finance is provided
Apply Now

View details on bank page

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this loan
  • The loan is provided for a interest rate of 4.49%
  • Minimum salary of AED 5,000 is required
  • The reduction rate and the flat rate is 4.49% and 2.38%.
  • It is mandatory to transfer your salary
  • Finance up to AED 4,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 4,000,000 loan amount
  • Around 560 ATMs of the Emirates NBD are there around the UAE
  • You can miss up to two non-consecutive installments per year
  • Free Debit Card and bank account is provided along with this scheme
  • Repayment period is long
  • Documentation is simple and easy

Frequently Asked Questions

⭐ What are the charges to open a bank account?

A. There are no charges levied if you open an account in Emirates NBD for a personal loan.

⭐ Is there any minimum balance required to be maintained?

A. No, it is not mandatory to maintain some minimum balance in the bank account.

⭐ Are the processing fees applicable even on the top-up loans?

A. Yes, 1% of the loan amount approved is charged as the processing fees.

⭐ Does the co-borrower need to be a salaried individual?

A. No, the co-borrower need not be a salaried individual.

⭐ How does the bank decide due date of our monthly installment?

A. Your monthly due date will be the date when your loan was booked.

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

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