Personal Loans for Nationals

It's Time to fulfil your personal needs
It's Time to fulfil your personal needs

Personal Loans for UAE Nationals

Apply today and enjoy the peace of Mind with National Bank of Umm Al Qaiwain Personal loan.

Features and Benefits

  • Loan up to 20 times of your monthly salary **
  • Payment holiday up to 6 months *
  • Repayment tenor up to 60 months and can ** 
  • Attractive rate of interest (Base Lending Rates)
  • For long-term loans (people in all sectors), the possibility of repayment is up to 300 months
  • Enjoy 4 installments deferment per year*  and 2 EMI for long tenor loans
  • Consolidation of all liabilities in one loan (Applicable to All UAE Nationals working in all segments)
  • Low interest rate starting from 2.55% flat p.a up to 6.85% flat
  • Free life insurance covering entire outstanding amount
  • Free Debit/ATM card
  • Minimum salary criteria apply

Fees and Charges

Processing Fees 1% of Loan Amount, minimum AED 500 & maximum AED 2,500.


  • Available to Nationals
  • Salary transfer to NBQ is required
  • Available to customer minimum 23 years of age and 65 years of age at maturity of loan
  • Minimum service period of at least 3 years with your current employer

Documents Required

  • Copy of valid emirates ID and passport
  • 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

* doesn’t apply for long tenure loans

** MOD employees up to 15 Multiples of the monthly income and up to 60 months tenure

Key Facts Statement

  • 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.

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