Emirates NBD Co-Applicant Loan Program | MoneyCamel

Emirates NBD Co-Applicant Loan Program

Emirates NBD

Emirates NBD Co-Applicant Loan Program

Salary Transfer Loan

Limited period offer of AED 500 vouchers for Personal Loan applications made through emiratesnbd.com.

CAMEL VIEW
  • Interest rate at 4.99%.
  • Main applicant should be employed by a company that is listed with Emirates NBD. Minimum monthly salary of primary applicant of at least AED 5,000.
FEATURES
Interest/Profit Rate 
4.99 % p.a.
Maximum Loan Amount 
AED 250,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 5,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
6 Months
FEES & CHARGES
Late Payment Fees 
AED 50
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 250
Life Insurance Fee 
1.24 % of Loan Outstanding
Installment Deferment Fee 
AED 100
Loan Cancellation Fee 
AED 100
Liability/No Liability Charges 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Emirates NBD is the only bank to offer the dual benefit of a loan coverage.

Rates start at 4.99% p.a. on reducing balance basis. Processing fee is 1% of the loan. Minimum AED500 & maximum AED2500.

Co-applicant can be a spouse or a kin (son or daughter but not brothers).

Main applicant should be employed by a company that is listed with Emirates NBD.

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