Personal Loans for Salaried Expats in Sharjah 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 Sharjah
Be it an urgent requirement of funds for an emergency or a dream vacation you have been planning for years, NIB expats personal loan comes to your rescue. The loan amount depends on your monthly income.
You don’t need to transfer your salary if you earn more than AED 10,000 p.m., but profit rate will be higher. Bank account statement for 3 months prior to your loan application, salary certificate, copies of your passport, visa and Emirate ID need to be submitted when you apply for the loan.
Minimum eligibility to apply for a personal loan from NIB
Being over 21 years of age and service in an organization for at least 6 months are the requirements for seeking this NIB loan. Life insurance and free for life credit cards are the bonuses that come with the NIB personal loans.
Personal Loan in Sharjah from NIB
Formerly Noor Islamic Bank, Noor Bank was started in Dubai in 2008 and has made impressive progress within this short span of time. Innovative financial services in personal, retail and corporate sectors supervised by a Fatwa and Shari’a Board ensure Islamic compliance and smooth operations. The bank’s mission is to evolve into one of the top 100 most innovative financial institutions in the world.
Sharjah- Oil Resources
The Mubarak oilfield near the island of Abu Musa was discovered in 1971 and this was the turning point in the development of Sharjah. After a decade, when the oil field’s resources began to decrease, the discovery of Saja’s onshore liquid gas field helped boost the Emirate’s revenue. Sharjah was the first port in the whole of Middle East to have a fully-equipped Container terminal. The Khorfakkan Port offers great services to ships that don’t require to enter the Gulf.
Fill in the form on this page to apply for a NIB expats personal loan in Sharjah and a representative will call you as soon as possible to meet you and help you with the loan application process