Apply for Personal Loan
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Emirates NBD offers Personal loans with extra benefits. Get a New or Top-up your Personal Loan with interest rates starting from 2.55% p.a. Loan amount up to AED 4 Million for UAE Nationals and AED 2 Million for Expats.
Emirates NBD Personal Loans offer are designed as flexible, low-cost loan packages for expatriates residing in the UAE and UAE Nationals. The borrower can apply for a loan amount up to 20 times of salary with interest rates starting from 4.49% for the ex-pats and UAE Nationals respectively. They also offer a grace period of up to three months before your first repayment. There are various Personal Loans available to apply for as mentioned below:
| Loan Name | Minimum Salary Required | Interest Rate | Max. Loan Amount |
|---|---|---|---|
| Personal Loan for UAE Nationals | AED 5,000 | 4.49% | AED 4 Million |
| Personal Loan for Expatriates | AED 5,000 | 5.49% | AED 2 Million |
| Personal loan for New to Country or New to Employment | AED 10,000 | 5.24% | AED 600,000 |
Personal Loan for UAE Nationals
Minimum Salary Required
AED 5,000
Reducing Rate
Starting 4.49%
Maximum Loan Amount
AED 4 Million
Features and Benefits
Features & Benefits
-
High loan amounts of up to AED 4 million
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The profit rate starts at 4.49%
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Flexible payment terms of up to 48 months
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Only UAE Nationals can apply for this scheme
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You can miss up to two non-consecutive installments per year
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Free Debit Card and bank account is provided along with this scheme
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The early settlement fee is 1% of the finance amount
-
An arrangement fee is 1% of the loan amount
Personal Loan for Expatriates
Minimum Salary Required
AED 5,000
Reducing Rate
Starting 5.49%
Maximum Loan Amount
AED 2 Million
Features and Benefits
Features & Benefits
-
A minimum salary of AED 5000 is required
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Interest rate starting from 5.49%
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The repayment period is up to 48 months
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It is mandatory to transfer your salary to apply for this scheme
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Free Debit Card and bank account is provided along with this scheme
-
The early settlement fee is 1% of the finance amount
-
An arrangement fee is 1% of the loan amount
-
Salary Transfer Mandatory
Personal loan for New to Country or New to Employment
Minimum Salary Required
AED 10,000
Reducing Rate
Starting 5.24%
Maximum Loan Amount
AED 600,000
Features and Benefits
Features
-
A minimum salary of AED 10,000 is required
-
The profit rate starts at 5.24%
-
The repayment period is up to 4 years
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Both Expats and UAE Nationals can apply for this scheme
-
You can miss up to two non-consecutive installments per year
-
Free Debit Card and bank account is provided along with this scheme
-
Salary Transfer Mandatory
-
The early settlement fee is 1% of the finance amount
-
The arrangement fee is 1% of the loan amount
Documents Required to apply for Emirates NBD Personal Loan in UAE
1. Passport and Visa Copy
2. Emirates ID
3. Income Proof – Valid Salary Certificate to Emirates NBD
4. 3 Months Bank Statement
5. Salary Transfer Letter
6. Liability letter in case of Buyout loan
7. Signed and completed application
Get in touch with Emirates NBD Customer Care 600540000
Frequently Asked Questions for Emirates NBD Personal Loans
Who can apply for Emirates NBD Personal Loans?
All UAE residents (UAE Nationals and Expatriates) earning sufficient income from either a salary or from running a company (self-employed), are eligible to apply for ENBD Personal Loans.
What is the minimum income required per month to take a Personal Loan from ENBD?
A minimum Salary of AED 5,000 is required to apply for a personal loan with ENBD.
Is there any charges to open a bank account for personal loan in Emirates NBD?
There are no charges levied if you open an account in Emirates NBD for a personal loan.
If my company is listed but my salary is transferred to another bank, can I still avail the Personal Loan with Emirates NBD?
If your salary is not transferred to Emirates NBD, you still have the option of availing of a Personal Loan by applying for a Non-Salary Transfer Loan.
How much is the early settlement fee?
ENBD personal loan borrowers are charged an early settlement fee of 1% of the remaining outstanding balance.
What are the different channels through which I can apply for an Installment Deferral on a Personal Loan?
You can apply for an installment deferral via Online Banking, by visiting any Branch or the Call Centre.
What are the different channels through which I can apply for an Installment Deferral on a Personal Loan?
You can apply for an installment deferral via Online Banking, by visiting any Branch or the Call Centre.
*Disclaimer: The information provided by UAE Cash Loans on bank loan rates/information is on our best effort basis. As the interest rates and terms are dynamic, the data provided on UAE Cash Loans online portal is for information purposes only and does not constitute advice. Please always check with the banks or credit providers directly before committing yourselves. We take no responsibility for any contract or service you avail through such Banks, Financial Institutions or Agents.