Personal Loans - Expat
Borrow up to 20 times your salary at an attractive rate of interest.
Borrow up to 20 times your salary at an attractive rate of interest.
Warning:
- You may have to pay penalties if you pay off a loan/financing early.
- If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.
- Refinancing your loan/financing may take longer to pay off than your previous loan/financing and may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit.
Personal Loans for Expatriates
We can offer you a personal loan up to 20 times your salary, at an attractive rate of interest. With a repayment period up to 48 months, you'll also receive a free Debit/ATM card and VISA Gold Credit Card.
Features and Benefits
- Loan amount up to 20 times your salary
- Repayment term up to 48 months
- Attractive rate of interest (Base Lending Rates)
- Free Debit/ATM card
- Free VISA Gold Credit Card
- Minimum salary criteria applies.
Fees and Charges
Processing Fees 1% of Loan Amount, minimum AED 500 & maximum AED 2,500.
Eligibility
- Available to Expatriates
- Salary transfer to NBQ is required
- Available to customer minimum 23 years of age and 55 years of age at maturity of loan
- Minimum service period of at least 2 years with your current employer
Documents Required
- Copy of valid emirates ID and passport with residence visa.
- Financial documents showing your monthly salary transfer (e.g. salary transfer letter, bank statement)
- Other documents may be requested at the discretion of the bank.
Terms & Conditions Apply
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