Personal Loans for UAE Nationals 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 UAE Nationals from ENBD in Sharjah
ENBD personal loans for UAE Nationals in Sharjah are marked by flexible repayments, easy documentation, low interest rates and quick approval. Interest rates are fixed depending on the amount you earn on a monthly basis. The repayment plan and the maximum amount of loan you could receive from ENBD also depend on your income.
The insurance plan you are offered when your loan is sanctioned has a double benefit. The insurance company pays the entire amount of the loan to the bank in case of loss of life to the borrower and also gives an equal amount to the family of the deceased.
No other bank offers the 7-day loan return option as the ENBD does. This option lets you return the loan if you feel dissatisfied with the terms and conditions laid down by the bank for sanctioning the loan.
To apply for a loan, you need to be over 21 years of age; an employee of a company that is on the approved list of employers; your salary should be credited to a checking account with ENBD.
ENBD Personal Loans for UAE Nationals
The merger of Emirates Bank International and the National Bank of Dubai in 2007 brought about the establishment of the Emirates NBD or ENBD which is the largest asset-based bank in the UAE.
ENBD offers a host of financial products and services with the customer in mind and has the sole objective of providing financial empowerment to the UAE Nationals. ENBD offers a comprehensive loan package that takes care of all the financial needs of the UAE Nationals.
Sharjah – Tourist Accommodation
With a whole lot of tourist attractions, Sharjah welcomes a huge number of visitors from across the globe during the winter months. Most hotels in the city offer attractive discounts to the tourists. While looking for hotel bookings over the internet you must know that the actual rent for rooms would be far cheaper than the price mentioned on the website. You can call the hotel and check if you could get any discount offer.
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.