Personal Loans for Salaried UAE Nationals 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% of outstanding balance
Insurance fee: 0.99%
Salary transfer: Needed
Personal Loans for Salaried UAE Nationals from NIB in Sharjah
NIB personal loans for UAE nationals are popular due to the fact that they are offered at quite a low profit rate and the likelihood of a maximum salary of up to AED 2 million depending on your salary.
Your salary need not to be transferred to the bank if you are earning more than AED 10,000 per month but you will have to pay a higher profit rate in this case. Free life insurance, credit card, top-up loan facility in case of a necessity and the convenience of getting your existing loan from other banks transferred to NIB are the perks that come with the personal loan from NIB.
The status of a confirmed employee who has worked for at least 6 months in an organization at the time of seeking the loan and 21 years of age are the most important requirements for this loan.
NIB UAE National personal loans
In 2008 Noor Bank (or Noor Islamic Bank as it was formerly called) began its operations in Dubai. Now the bank has branches in Abu Dhabi, Sharjah and Al Ain. Customer-centric approach with innovative financial solutions driven by determination, integrity and responsibility are the core values of Noor Bank and these values have enabled its fast-paced growth over the years. NIB adheres to Islamic banking procedures and provides a wide array of financial products and services in wealth management, insurance, retail and corporate banking.
Sharjah – International Book fair
Sharjah International Book Fair is one of the largest book fairs in the world and the most popular annual event in this Emirate. Here the best books are displayed at reasonable prices making it affordable for book lovers. While the main aim of the book fair is to promote the reading habit in young children, its larger vision is to instil the love for literature among the general public.
Applying for NIB personal loans for salaried UAE Nationals in Sharjah is the least complicated process. To get things moving in the right direction, fill in the form on this page and wait for our representative to get in touch with you at the earliest instance.