Personal Loans for Salaried Expats in Dubai from NIB
Interest Rate: 3.45%
Tenor: 48 months
Eligibility: Minimum salary of AED 5,000
Arrangement fee: 1% of loan amount with a minimum of AED 500 and maximum of AED 2500
Early settlement fee: 1%
Insurance fee: 0.99%
Salary transfer: Needed
Personal Loans for Salaried Expats from NIB in Dubai
NIB expats personal loan in Dubai comes in handy at the right time when you need financial assistance to fund a child’s education or sponsor a vacation. A maximum amount of AED 750,000 is offered at reasonably low interest rates with minimum documentation. You are required to produce the following documents when you apply for a NIB personal loan:
Loan application form
Passport, visa and Emirates ID copy
Bank statement for 3 months
Salary certificate/salary transfer letter
Eligibility to apply for a personal loan from NIB
Applicant should be 21 years or more
6 months completed or confirmed service
Salary transfer not needed if salary is more than AED 10,000 but profit rate may be higher
NIB personal loan in Dubai – Special Features
Maximum loan amount up to AED 750,000 depending on your salary
Free for life credit card
Life insurance coverage
Personal Loan in Dubai from NIB
Noor Bank formerly known as Noor Islamic bank was started in Dubai in 2008. Within a short time span, Noor Bank has displayed significant growth and offers a wide variety of comprehensive packages in personal, corporate and retail banking, and insurance, treasury and trading.
Noor Bank strives to build lasting relationships with its customers and offer professional services in a manner that brings in more new customers. Its Shari’a-compliant financial products are designed to suit all kinds of financial requirements and are used by government, institutions and companies apart from individuals and businesses.
Dubai- Successful Business Sector
The Dubai government is constantly working to introduce regulations that help promote the small and medium enterprises sector. Its central strategic location between the Asian and the European countries has been instrumental in enhancing its international trade activities.
Fill in the form on this page to apply for a NIB expats personal loan in Dubai and a representative will call you as soon as possible to meet you and help you with the loan application process.