Loan for New to Country / New to Employment

Loan for New to Country / New to Employment

Min. salary
AED 10,000
Max. Amount
AED 600,000
Effective rate
5.24%
We want to ensure that your financial transition to the country is made as easy as possible, with a loan package specifically created just for you.
View Summary
Salary Transfer
Required
Minimum Tenure
12 months
Maximum Tenure
48 month
Early settlement
1.00%

Apply online now

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Features

  • Rates starting 5.24%, reducing rates 2.77% flat
  • No minimum length of service required
  • High loan amounts up to AED 600,000
  • Option of Current or Savings Account with no minimum balance requirement
  • Free International ATM/Debit Card
  • Please mention new to country

Documents Required

  • Valid Passport Copy with valid Resident Visa page
  • UAE Nationals: Ibara page of UAE Nationals
  • Original Emirates ID and Emirates ID copy
  • Proof of Residency or Utility Bill
  • Updated Security Cheque
  • Credit Card Statements (Where applicable)
  • Salaried Individual
    • Latest 3 Months Bank statement
    • Latest Salary Certificate / Salary Transfer Letter
  • Self-Employed
    • Latest 6 Months Bank statement
    • Trade License
    • MOA (Memorandum of Association)
    • POA (Power of Attorney)
  • Loan to Minor
    • Attested copies of guarantor/co-borrowers Passport and Visa, Emirates ID, Trade License & Income Details

Eligibility

  • Minimum salary of AED 10,000
  • First salary should be credited to the account with Emirates NBD
  • Customer's employer must be on Emirates NBD's Approved List of Employers.