Emirates NBD End-of-Service Benefit Backed Personal Loans

Emirates NBD
End-of-Service Benefit Backed Personal Loans

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 5000
Fixed Rate
3.3%
Reducing Rate
5.99%
Max Loan Amount
AED 0
Salary Transfer Required? yes
Minimum Monthly Salary AED 5000
Fixed Rate 3.3%
Reducing Rate 5.99%
Max Loan Amount AED 0

Top Reasons To Choose

  • Loan amounts up to 90% of End-of-Service Benefit amount

Have your End-of-Service Benefit assigned to Emirates NBD by your employer and get the loan package that meets your financial requirement.

Documents Required

  • Valid Passport Copy with valid Resident Visa page
  • UAE Nationals: Idbara page of UAE Nationals
  • Original Emirates ID and Emirates ID copy
  • Proof of Residency or Utility Bill
  • Credit Card Statements (Where applicable)
  • Salaried Individual - Latest 3 Months Bank statement
  • Latest Salary Certificate / Salary Transfer Letter with Gratuity / End of Service Benefit Amount Specified

Joining Offers

Eligibility

  • Gratuity/End-of-Service Benefit amount must be specified in the Salary Transfer Letter
  • Minimum monthly salary of the applicant should be AED 5,000
  • Minimum loan amount that can be taken is AED 10,000
  • Customers must be employed with Emirate NBD's Approved List of Employers

Detailed Features

  • 7-day Loan Return Option Customers who are not satisfied after the personal loan is disbursed have the option to return the loan for free with waiver of all the fees and charges accrued.

  • Following are the conditions:
    • Customer must notify the sales agent / bank within 7 calendar days
    • The loan proceeds credited in the customer's account will be available and not withdrawn from the account from disbursal date until loan return date
    • The loan amount credited in the customer's accounts will be available and offer will be valid only for fresh cases , without liability settlements (Not applicable on Top Up and take Over loans)

  • Double Insurance Coverage
    • A dual benefit insurance coverage where in the event of unforeseen circumstances, the loan outstanding is repaid by the insurance company and an equivalent amount is given to the customer's next of kin.

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