Emirates NBD Loan for NRIs – Loan against (for) NRE Fixed Deposits

Emirates NBD
Loan for NRIs – Loan against (for) NRE Fixed Deposits

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 5000
Fixed Rate
2.2%
Reducing Rate
3.99%
Max Loan Amount
AED 0
Salary Transfer Required? yes
Minimum Monthly Salary AED 5,0000
Fixed Rate 2.2%
Reducing Rate 3.99%
Max Loan Amount AED 00

Top Reasons To Choose

  • For Salaried & Self Employed
  • Loan in AED against INR/AED Fixed Deposit

We make it easier for you to meet your financial needs without breaking your Fixed Deposit with Emirates NBD or our Indian partner bank. Additionally, with Loan against Fixed Deposit, you will also benefit from attractive interest rates on reducing balance per annum.

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)
  • Latest 3 Months Bank statement
  • Latest Salary Certificate / Salary Transfer Letter

Joining Offers

Eligibility

  • Applicable to Non Resident Indians with valid UAE residence visa
  • Salaried or Self-Employed Indian National Customer to fund the 20% of the Fixed Deposit amount
  • Fixed Deposit with Indian partner bank will be marked under lien favouring Emirates NBD

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    • The loan proceeds credited in the customer's account will be available and not withdrawn from the account from disbursal date until loan return date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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