Personal Loans for UAE Nationals in Dubai 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 Dubai
Personal Loan in Dubai from ENBD for UAE Nationals is the ideal option when you are in dire need of funds to cope with any emergency expenditure. High loan amounts to cater to your immediate financial requirements, easy repayment schedules, simple documentation and quick approval times characterize the ENBD loans for nationals. Interest rates of 5.43% and 6.59% are charged depending on your monthly salary.
Your income also determines the maximum amount of loan you are eligible for and the repayment period. Insurance cover has a dual merit as the insurance company not only repays the entire loan amount in the event of the borrower’s death but also offers an equal amount to their family.
To apply for a loan, you need to be over 21 years of age; you should be working in a company featured on the approved list of employers; your salary should be transferred to ENBD.
ENBD Personal Loans for UAE Nationals
ENBD, the largest asset-based bank in the UAE, offers a host of customer-oriented products and services that has earned it a big name in the Dubai financial sector today. The primary objective of ENBD is to provide financial empowerment to the UAE nationals so as to improve their life standards. The bank offers an extensive personal banking package that caters to all the financial needs of the UAE nationals.
Dubai – The beautiful city
The Trucial States became the United Arab Emirates on being freed from the British Protectorate in 1971. Dubai, the largest and the most vibrant of the Emirates has been attracting a large influx of people from all over the world due to its wealth and the tax-free lifestyle.
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.