More Details on Personal Loan

1. High loan amounts.
2. Low salary requirement to apply for this loan.
3. There is an early settlement and arrangement fee.

Main Benefits

1. Easy processing and simple documentation
2. Maximum loan amount of up to AED 800,000 for both Expatriates and UAE Nationals
3. Emirates NBD has over 98 branches and over 560 ATMs across the UAE
4. Enhanced credit life coverage
5. Exclusive loan return option
6. Minimum salary of AED 6,000

Overview of features

1. Loan repayment period is up to 48 months.
2. You require a minimum salary of AED 6,000 per month to be eligible for this loan. Minimum salary of AED 12,000 for bank account holders with no credit card or Auto Loan with Emirates NBD
3. Salary must be transferred to Emirates NBD for at least six months prior to the application of the loan. Available for non-salary transfer
4. The processing fee is 1% of the loan amount [Min AED 500; Max AED 2,500]
5. The early settlement fee is 1% of the outstanding principal. Maximum AED 10,000
6. The insurance fee is 0.99% of the loan amount. It comes with a double credit life coverage.
7. The interest rate starts from 8.99% The rate applied depends on the customers profile.This rate is calculated on a reducing balance and the interest rate varies depending on salary.
8. The reducing rate of this finance is 8.99% and the equivalent flat rate is 4.86%. This calculation is indicative only

* This product is subject to eligibility conditions and may not be available for all applicants. Eligibility conditions are set by the service provider and may be subject to change.