Salary Transfer loans (Expats)

Salary Transfer loans (Expats)

Min. salary
AED 5,000
Max. Amount
AED 2,000,000
Effective rate
5.24%
We know that you never stop dreaming. Whether your goals are for something as simple as renovating your home or as big as sending your children to school, we have the right loan package to help turn your dreams to reality.
View Summary
Salary Transfer
Required
Minimum Tenure
12 months
Maximum Tenure
48 month
Early settlement
1.00%

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Features

  • Attractive reducing interest rates starting from 5.24% reducing or 2.77% flat p.a.
  • Loan amounts up to AED 2,000,000
  • Free Bank Account with no minimum balance required

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

  • Salary should be transferred to Emirates NBD 
  • Minimum salary requirement of AED 5,000
  • Customer's employer must be on the Emirates NBD's Approved List 
  • Minimum 6 months length of service