Emirates NBD personal loans will give you fabulous assistance

December 31, 2022 Banking, Loan Comments Off on Emirates NBD personal loans will give you fabulous assistance

Emirates NBD personal loans - Emirates Loan

Within multiple banks in UAE, there are a few highlighted banks exists that can give you high-level aid with affordable services. Among several kinds of financial products, the personal loan is a product, that is considered the most in demand. Especially, within the expat community, a personal loan is very famous because most outsiders rely on such type of loan. With this loan, they can easily sort out their every kind of small and large expenses including the study expenditure. People mostly want to know about the best bank, that can allow them a personal loan facility with some additional privileges.  

They want to get the loan with the lowest or most affordable rates. In this sense, Emirates NBD personal loans can give you such facilities and some extra benefits also. This bank is usually providing high-class products relevant to finance including affordable personal loan services. It is considered the former and oldest bank of UAE with some kind of amendments. Those amendments are the merging of two main banks of UAE, the Emirates bank and the national bank of Dubai. This means a candidate can obtain the benefits of both combined banks.    

Some specialties attached with personal loans from Emirates NBD  

Salary Transfer Loans for Emiratis 

Key features and benefits 

  • Loan amount up to AED 4 Million
  • First payment deferment up to 90 days
  • 7 days return option
  • Free Zero balance account
  • First-Year Free Credit Card with Eligible Miles / Points
  • Free First year Setup fee on Overdraft (OD)
  • Avail up to 2 non-consecutive deferments in a loan cycle
  • Loan tenure up to 48 months (60 months. for Ministry of Defense employees)
  • Increase your loan eligibility with an additional source of income

Salary Transfer Loans for Expats 

Key benefits and highlights 

  • Loan amount up to AED 2 Million
  • First payment deferment up to 45 days
  • 7 days return option
  • Free Zero balance account
  • First Year Free Credit Card with Eligible Miles / Points
  • Free First year Setup fee on Overdraft (OD)
  • Avail up to 2 non-consecutive deferments in a loan cycle
  • Loan tenure up to 48 months
  • Increase your loan eligibility with additional source of income

Scholar Plus Education Loan 

Key benefits and highlights 

  • Loan amounts of up to AED 300,000
  • Loan tenure up to 48 months
  • Free Credit life insurance
  • Free Global Cash card
  • Preferential rates on currency conversions including USD and Pound Sterling (limited to foreign currency accounts)
  • Avail up to 2 non-consecutive deferments in a loan cycle 

Scholar Plus Education Loan for executives 

Key benefits and highlights 

  • Loan amounts of up to AED 300,000
  • Loan tenure up to 48 months
  • Free Credit life insurance
  • Free Global Cash card
  • Preferential rates on currency conversions including USD and Pound Sterling (limited to foreign currency accounts)
  • Avail up to 2 non-consecutive deferments in a loan cycle 

Loans for NRIs – Loan against/for NRE Fixed Deposits 

Key benefits and highlights 

  • Borrow up to 80% of the NRE Fixed deposit amount
  • Avail up to 2 non-consecutive deferments in a loan cycle
  • Program available with our Indian partner banks: HDFC BANK, AXIS BANK, ICIC BANK & YES BANK.
  • Fixed deposits with Indian partner banks will be marked under lien favoring Emirates NBD
  • Rapid Response  

Emirates NBD has a quality of rapid response to it’s clients. Whenever you want to obtain any kind of product involving a personal loan, it will be easily accessible from this bank. Emirates loan will also make you happy via giving the services of this bank. Whenever you find no way to get quick service, contact this forum and get an instant response. No matter, in which emirate you are staying right now, it will be there to help out you in terms of personal loans.  

  • Conveniently Available

The assistance of this bank is for everyone living in UAE. Whether you are doing any kind of small job or whether you are a business owner, no issue at all. You can get the personal loan service on an equal basis. But if we talk about the loan service for the expats here. So, there will be differences between the expats and the residents of the UAE. Therefore, the amount of emirates NBD personal loans will be also changed for both categories of people.  

  • Extra privileges  

Most of the banks are prominent for their extra advantages with personal loan services. Emirates NBD is one of those banks and is also known as the most highlighted bank. It can provide some extra benefits also with the facility of personal loans. For example, when you get personal loan aid from this bank, the bank will offer you some famous credit card facilities and insurance policies also. You may get a free checkbook also with this service.  

  • Effortless Documentation 

The procedure associated with the paperwork is also very effortless and you can easily perform every task relevant to documentation comfortably. The papers are some important documents like bank statements, pay recipes, licenses of business and driving, ID, visa, passport, credit history, etc.  

  • Humble staff  

Emirates NBD will never disappoint you in terms of bank staff. Because here you will see the most active, positive and humble staff members. Whenever someone need help in terms of personal loans, the staff will give you full support and will give you a quick response. Even whenever someone calls the bank to get the info, the staff will assist them with accurate info.  

Amount of personal loan for nationals and expats  

This bank will give you more favor if you are a permanent resident of the UAE. The amount of personal loan will be almost 4 million AED, which is good for the residents. But if we talk about the non-residents of UAE that are living here, so the amount of the loan will be half. This means expats can obtain only 2 million AED. The reason behind this half loan amount matter will depend on the residential status and duration of spending in UAE. So, whenever you go towards bank for the emirates NBD personal loans as an expat, keep this point in your mind.  

Procedures to Get personal loan other than physical appearance in bank 

  •  The first procedure to get a personal loan other than the bank is the online procedure. Yes, now anyone can effortlessly and easily apply via this procedure. Now almost every person is familiar with the internet and the method of using the internet. So, the various banks and companies that are busy in serving personal loan services, now giving online assistance also. The application way is so simple, you will just have to find out the emirates NBD bank and open the official website. You will see multiple loan options there, in which, you will have to select the emirates NBD personal loans option. By filling out the form given by the bank, you will get the personal loan approval message within a few minutes. The bank will give you the prompt result within few minutes and the delivery of the loan will be also done soon. Almost it will take a maximum 1 day for the delivery to your account.  
  • The second option is also very common nowadays and more advanced than the online website option. The second option is the mobile application of Emirates NBD. It is also known as mobile banking and through this facility of mobile banking, you can easily get private loan services. You can simply do it within your own home without facing any difficulty. If you have an android phone, so you can easily install the emirates NBD app from Google play or the play store. After downloading, you can use it by signing in. If you don’t have a previous Google Account, so make it first. Now you can easily operate the various functions of the app and get a personal loan by following some simple steps over there. Emirates loan can also give you assistance related to the App, especially when you have no idea about the such a mobile app. 

Emirates NBD personal loan calculator  

This bank is specifically designed an online calculating tool for evaluating monthly installment values. Most of the people who are interested to take loans from emirates NBD, like to calculate from this tool. The benefit of this calculator is the quick results and accurate results. Whenever you need to know about your monthly repayment of the loan, so add the basic values in this tool. For example, enter the amount of loan, total time, and interest. Just adding these things you will obtain quick results of your monthly installment for the personal loan.  

Requirements for a personal loan 

There are no hard and fast rules and specific demands by this bank. You just have to bring your valid ID along with you and some crucial papers. For example, the history of credit, pay slips, trading license, passport, and visa. Your age should be not more than 65 years maximum and minimum it will be 21. The salary demand of this bank is about 5000 AED, which is again very reasonable for all. There will be no extra demands attached to the eligibility criteria of this bank.  

 

, , , , , , , , ,
Apply For Loans & Credit Cards To UAE Banks
only for UAE