Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Emirates NBD Personal loan for New to Country or New to Employment
This product is discontinued by the Bank
Personal loan for New to Country or New to Employment
Features
- Repayment period is up to 4 years
- The loan is provided for a interest rate of 5.24%
- Minimum salary of AED 10,000 is required
- The reduction rate and the flat rate is 5.24% and 2.77%
- Salary transfer is mandatory
- Finance up to AED 500,000
- Early settlement fee is 1% of finance amount
- Arrangement fee is 1% of loan amount
Benefits
- Applicants can get up to AED 500,000 loan amount
- Around 560 ATMs of the Emirates NBD are there around the UAE
- New Employees can also apply for this scheme
- You can miss up to two non-consecutive installments per year
- Free Debit Card and bank account is provided along with this scheme
- Repayment period is long
- Both Expats and UAE Nationals can apply for this scheme
- Documentation is simple and easy
Frequently Asked Questions
⭐ What is the minimum length of service required to be eligible for this finance?
A. There is no minimum length of service required to be eligible for this finance.
⭐ Do I need to maintain any minimum balance in my savings account?
A. No, the loan applicant can maintain zero balance in their savings/current account.
⭐ How long does it take to approve my loan application?
A. It takes maximum 2 business days to know your application status.
⭐ My company is not listed with the bank, am I eligible for this finance?
A. Yes, employees of non listed companies with Emirates NBD are eligible for the Personal Cash loan.
⭐ Do I get any insurance coverage for this loan?
A. Yes, On the Personal cash loan the applicant gets a double coverage insurance for low charges.
Emirates NBD
In 2007, Emirates Bank International (EBI) and the National Bank of Dubai (NBD), the second and fourth largest banks in UAE, merged to form the banking champion - Emirates NBD. With more than 200 branches and over 900 ATMs and Cash Deposit Machines (CDMs) across the country and overseas, it is globally recognized as the most valued financial services provider in the Middle East. On November 15, 2016, Emirates NBD took over Emirates Money Consumer Finance LLC, becoming a regional consolidation blueprint for banking and finance sector in the UAE.
Corporate Values of the Emirates NBD are:
- Customer Focus
- Service Excellence
- Innovation
- Passion For Performance
- Integrity
- Teamwork
Get in touch with Emirates NBD Customer Care