How to Get a Personal Loan in Emirates NBD
Personal Loan up to 8 times your Salary
Minimum Salary 5000 AED
EMI Tenure up to 48 Months
Lowest Interest Rates
Get personal loan at Lowest Interest Rate
Nothing serves your borrowing needs better than a personal loan. A Personal Loan in Dubai, Sharjah, Abu Dhabi, and the UAE, lets you borrow money from a bank or any financial institution at a lower rate of interest. While using a credit card is a good option for borrowing money for a shorter span, a personal loan is the best solution for your money requirements for a longer span due to its lower rate of interest. Emirates National Bank of Dubai is among the top banks in the UAE that offers personal loan at a lower rate of interest.
Applying for a personal loan in Emirates NBD
To apply for a personal loan in Emirates NBD, you can opt for an offline or online platform
To apply for a personal loan in Emirates NBD offline:
- Locate the nearest Emirates NBD branch on the Emirates NBD webpage
- Visit the bank branch
- Fill in the personal loan form
- Provide required documents
The bank will sanction your loan in a few working days
To apply for a personal loan in Emirates NBD online:
- Visit Emirates NBD personal loan webpage
- Find the e-form on the right side of the page
- Enter personal details such as name, address, email ID, contact number, and salary
- Click on “Finish Application”
You will receive a call from the bank’s executive to further the process
Apply online for a personal loan in Emirates NBD via policybazaar.ae
You can receive a Personal loan in Emirates NBD through an online platform via policybazaar.ae following these simple steps:
- Fill in the preliminary e-form and click on “Submit”
- Find Emirates NBD in the personal loan quotations
- Click on “Apply”
The experts at policybazaar.ae will contact you to guide you through the process and receive a personal loan easily.
Benefits of Personal Loan in Emirates NBD
- Zero Processing Fee
- No insurance fee
- Simple documentation process
- Convenient financing
- Top-up on your existing loan
- Minimum requirements
- No bank statement requirements
- No salary transfer
- No minimum length of service required
Finance Structure of Personal Loan in Emirates NBD
|
|
UAE Nationals |
Expatriates |
|---|---|---|
|
Maximum finance amount (AED) |
4 Million |
2 Million |
|
Maximum tenure |
48 months |
48 months |
|
First EMI payment |
Up to 120 days |
Up to 75 days |
|
Rate of Interest |
2.55% per annum* |
3.03% per annum* |
*The rate of interest starts at 5.50%. However, it varies according to the tenor.
Please note that the minimum tenor for a personal loan is 12 months
Documents required for Personal Loan in Emirates NBD
- Address proof
- Emirates ID
- Valid passport
- Visa (expatriate)
- Salary certificate
- Bank statement Security cheque
- Trade license copy (if self-employed)
Please note that the following list is not exhaustive. The bank may demand more or other documents if needed.
Eligibility for Personal Loan in Emirates NBD
The minimum basic requirement is:
- You should be at least 21 years old to apply for a loan
- The sanctioning of your loan and the sanctioned amount will depend on your credit Score and your salary
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