Emirates NBD Bank Personal Loan for Bankers

Minimum Salary
15.000,00 د.إ

Flat Rate
AED 8.4%

Reducing Rate
14.99 %

Maximum Term
4 Years

Monthly Payment
AED 2,367

Description

Emirates NBD strive to make getting a loan accessible to everyone, even to those working for other banks. With Loan for Bankers, loan repayments are made through Direct Debit System and there is no need for a Salary Transfer to Emirates NBD.

Major Advantage: This loan is for bankers

Points to Consider: High interest amount

Features

Major Feature:

  • 7 Days loan return option
  • Double insurance coverage
  • Mode of repayment is through Direct Debit System (DDS)

 

Minimum Salary Requirement: AED 15,000

Reducing Rate (as advertised): Starting from 14.99% pa

Flat Rate: 8.40% pa

Processing Fees: 1% of the finance amount (Min AED 500; Max AED 2,500)

Maximum Finance Amount: AED 200,000

Islamic Finance: No

Maximum Term: 48 Months

Salary Transfer: Not required

Early Settlement Fees: 1%

Insurance: 1.24% (It comes with double credit life coverage)

Holiday Period: Yes, Deferment option available, you can skip two non-consecutive installments per year

Salaried/Self Employed: For salaried bankers

Documents Required

  • Valid Passport Copy with valid Resident Visa page
  • UAE Nationals: Idbara page of UAE Nationals
  • Original Emirates ID and Emirates ID copy
  • Proof of Residency or Utility Bill
  • Undated Security Cheque
  • Credit Card Statements (Where applicable)
  • Latest 3 Months Bank statement
  • Latest Salary Certificate

Additional Info

  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • Terms and conditions apply.

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