Personal Loans for UAE Nationals in Abu Dhabi from ENBD
Interest Rate: 5.43%
Tenor: Maximum period of 48 months
Eligibility: Minimum salary of AED 5000
Processing fee: 1% of loan amount with a minimum of AED 500 and maximum of AED 2500
Late payment fee: AED 50
Instalment deferment fee: AED 100
Loan cancellation fee: AED 100
Salary transfer: Needed
Early repayment fee: 1% of outstanding amount
Partial payment fee: 1% of outstanding amount
Enhanced credit life insurance: 1.24% of the loan amount
Personal Loans for UAE Nationals from ENBD in Abu Dhabi
ENBD offers personal loans for UAE Nationals who are in need of financial help to overcome any kind of emergency. These loans are marked by flexible repayments, easy documentation, moderate interest rates and fast approval. Interest rates are fixed based on your income.
The maximum amount of loan you will be able to get and the repayment schedule also depend on your income. The insurance plan offered along with the loan has a dual benefit. The insurance company makes good the entire loan amount in case of untimely death of the borrower and also gives the family of the deceased an amount equal to the loan.
ENBD is the only bank that offers a 7-day loan return option which you can exercise if you feel dissatisfied with the terms and conditions stipulated by the bank for sanctioning the loan.
To apply for a loan, you need to be over 21 years of age; you should be an employee pf a company that is on the approved list of employers; your salary should be transferred to ENBD.
ENBD Personal Loans for UAE Nationals
The merger of National Bank of Dubai and the Emirates Bank International in 2007 was responsible for the creation of the Emirates NBD or ENBD, the largest asset-based bank in the UAE.
ENBD offers a multitude of customer-centric financial products and services with the sole objective of providing financial empowerment to the UAE Nationals. ENBD offers a comprehensive loan package that caters to the financial requirements of the UAE Nationals
Abu Dhabi – Desert to Greenery
Abu Dhabi has over 2,000 well maintained parks and gardens and more than 249 miles of coastline, of which 10 kilometres (6 miles) are public beaches. Abu Dhabi is a modern city with broad avenues, skyscrapers housing offices and residences and huge shopping malls. Abu Dhabi is well-known for its greenery; the once desert land has now transformed into a beautiful garden city.
ENBD loans for nationals come in handy during emergencies. Make the most of the reasonable interest rates and a sizable loan amount by filling in the form on this page and applying for one.