Salary Transfer Loan for UAE Nationals

Islamic Finance | No |
Minimum Salary | AED N/A |
Minimum Age | N/A years |
Maximum Age | N/A years |
UAE Nationals Eligible | Yes |
Expatriates Eligible | No |
Salaried Eligible | Yes |
Self-Employed Eligible | No |
Salary Transfer Required | Yes |
Employment Criteria | Salary must be transferred to an Emirates NBD account. |
Minimum Loan Amount | AED N/A |
Maximum Loan Amount | AED 4,000,000.00 |
Minimum Loan Tenure | 12 months |
Maximum Loan Tenure | 48 months |
Flat Interest Rate: | N/A - Competitive flat interest rate subject to credit assessment. |
Reducing Interest Rate: | N/A |
Processing Fee: | 1.05% - Processing fee is 1.05% of the loan amount (min AED 525 and max AED 2625) inclusive of VAT. |
Early Settlement Fee: | 1.05% - Early settlement fee is 1.05% of the outstanding balance. |
Late Payment Fee: | N/A |
Insurance Fee: | N/A |
Required Documents
Emirates ID, salary certificate, bank statements, residence visa.
Additional Benefits
Quick approval and flexible tenure.
Features:
Salary transfer required; competitive interest rates; quick approval.
General Notes
Offer subject to eligibility and terms and conditions.