Loans for Expatriates
Whatever your situation is whether you are new to the UAE or just found a new job; you may be currently employed but you do not meet the salary requirement or even if you are not entitled to end-of-service benefit - we have the right loan package for you.
- Easy repayment periods
- Loan amounts that suit your needs
- Free bank account and debit card
- Simple documentation
- Fast processing of your loan application
- xclusive loan return option
- We also offer a 7-day loan return option, should you be dissatisfied with any of our terms.
- Enhanced credit life
- We are the only bank to offer the dual benefit of a loan coverage; not only is the loan repaid to the bank by the insurance company, but also the equivalent amount is given to the next of kin in the event of unforeseen circumstances
- All loans are granted at the sole discretion of Emirates NBD. Terms and conditions apply.
To Apply:
Call 600 54 0000
SMS "Loan" to 4454
Send e-mail to: personalloans@emiratesnbd.com
Visit your nearest branch
- Salary should be transferred to Emirates NBD.
- Customer's employer must be on the Emirates NBD�s Approved List of Employers.
- All loans are granted at the sole discretion of Emirates NBD. Terms and conditions apply.
To Apply:
Call 600 54 0000
SMS "Loan" to 4454
Send e-mail to: personalloans@emiratesnbd.com
Visit your nearest branch
- What are the main requirements for an applicant to avail a Personal Loan with Emirates NBD?
• Salary should be transferred to Emirates NBD
• Customer's employer must be on the Emirates NBD's Approved List of Employers
• Borrower to be literate & numerate with UAE Residency Status
• Minimum age of the applicant must be 21
- What is Emirates NBD's minimum salary requirement to grant Personal Loans to Expatriates?
AED 5,000
- What is the maximum tenor for Personal Loans?
48 months - What are the fees associated with personal loans?
Processing fee: This is a one-time fee charged for handling the loan. Emirates NBD charges 1% processing fee of the total loan amount (Min AED 500, Max AED 2,500)
Early repayment fees: If customers wish to pay off their loans earlier than the agreed repayment term, early settlement fee is charged. Emirates NBD charges 1% of outstanding loan amount.
Credit Life Insurance coverage: Any personal loan taken from Emirates NBD is automatically insured at a nominal cost. In the case of an untimely death, it�s the partner insurance company covers the whole loan amount thereby saving the family from any burden. Emirates NBD is the only bank to offer the dual benefit of a loan coverage; not only is the loan repaid to the bank by the insurance company, but also the equivalent amount is given to the next of kin in the event of unforeseen circumstances. This is a onetime charge of 1.24%-1.5% of the loan amount. - What if the customer is not happy after availing the loan, can they change their mind?
Emirates NBD is the first and only bank to offer a 7-day loan return option. If customers feel that the loan provided is not as per their expectations or any of the terms and conditions are not favourable to them, personal loan is returned within 7 days without any charges (conditions apply).
To Apply:
Call 600 54 0000
SMS "Loan" to 4454
Send e-mail to: personalloans@emiratesnbd.com
Visit your nearest branch
Click here for information on the loans processes and schedule.