Personal Loans for Salaried Expats in Sharjah 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 Salaried Expats from ENBD in Sharjah

Personal Loans for Salaried Expats from ENBD in Sharjah
The prospective borrower’s monthly income and their ability to repay the loan within the scheduled period are ascertained before sanctioning personal loans to salaried expats from ENBD in Sharjah. The interest rates range between 5.43% and 6.59%. The borrower’s income also decides the period of repayment.
ENBD Expats Personal Loan in Sharjah helps people sail out of a critical financial crunch while also allowing them to make prudent investments. The personal loan from ENBD carries a dual benefit for the borrowers. If, during the loan period, the borrower loses his life, the insurance company not only covers the loss to the bank by settling the full loan amount but also makes a similar payment to the family of the deceased.
Emirates NBD is the only bank to offer a 7-day loan return option in the event of dissatisfaction on the part of the borrower but you will have to agree to a few terms and conditions imposed by the bank for sanction of the loan.

ENBD Expats Personal Loan in Sharjah

The National bank of Dubai and the Emirates Bank International were merged in 2007 to form the Emirates NBD or ENBD. Asset wise, ENBD is the largest banking group in the Middle East. The bank provides financial services in the retail, corporate, investment, private and Islamic banking sectors and asset management. The huge network of ENBD with its 115 branches in the UAE and the representative offices in India, Singapore, Saudi Arabia, Qatar and the UK function actively much to the satisfaction of its customers.

Sharjah – Climate

A typical Middle East weather prevails in Sharjah including warm and hot summer between April and October and a mild winter in the months between November and March. Humidity and extreme heat are the characteristic features of the hot summer months. On the other hand, winter in Sharjah is relatively pleasant and enjoyable, so you can see a lot of tourists visiting the place during this season. Sharjah also receives a little rainfall a few times in a year.
To avail of a personal loan in Sharjah from ENBD, fill in the form on this page and a representative will soon contact you to offer assistance.