NBAD Start-Up Loan for new-in-the-UAE | MoneyCamel

NBAD Start-Up Loan for new-in-the-UAE

NBAD

NBAD Start-Up Loan for new-in-the-UAE

Non Salary Transfer Loan
CAMEL VIEW
  • Interest rates starting at 12.75% with tenures up to 48 months.
  • AED 500,000 loan available to UAE Nationals & AED 200,000 to expats.
FEATURES
Interest/Profit Rate 
12.75 % p.a.
Maximum Loan Amount 
AED 500,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 8,000
Profession 
Salaried
FEES & CHARGES
Late Payment Fees 
AED 50
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 250
Life Insurance Fee 
0.05 % 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

You can get a loan of up to AED 500,000 as a UAE National, or up to AED 200,000 as an expat.

Interest rates start from 12.75% p.a.

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