Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Fixed Deposit Auto Loan
|
Salary Transfer Loan(Emiratis)
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | — | — |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | — |
| Repayment tenure | — | — |
| Life insurance coverage | — | — |
| Financed Amount | ||
| Security Deposit | ||
| Minimum monthly income (Salary, ) | AED 5,000 | |
| Eligibility | Minimum down payment: 20% and for salaried customers only | UAE Nationals. Minimum salary AED 5,000; no minimum length of service required; salary transfer to Emirates NBD. Eligibility can be increased with an additional source of income or by applyin |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | Auto loan | Personal Loan |
| Maximum Tenure | Maximum tenure 5 years | 48 months — 'Loan tenure up to 48 months (60 months. For Ministry of Defense employees)'. |
| Tentative rate | — | 5.99% reducing p.a. |
| Additional Benefits | Having a higher AECB score gives you more benefits, free credit and bank account and Preferred pricing on pre-owned vehicles | Credit Life Insurance, 7 day loan return, Debt consolidation, AECB score, Co-applicant program and Easy loan processing and simple documentation |
| Free Insurance & Processing Fee | — | |
| Interest Rate | Fixed and variable indicative interest rate starting from 3.75% | Attractive interest rates starting from 2.55% per annum flat |
| Loan Amount | Loan amounts of up to 80% of vehicle cost | AED 4,000,000 — 'Loan amount up to AED 4 Million'. |
| Card/Cards | — | — |
| Borrrowing Amount | You can borrow AED 80,000 Auto Loan with monthly payments as low as AED 1760 | You can borrow AED 50,000 Personal Loan with monthly payments as low as AED 2216 |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | First payment deferment up to 90 days and Avail up to 2 non-consecutive deferments in a loan cycle |
| Flat rate | — | — |