If you have a fixed deposit with NBAD, you can secure a personal loan against its value to help you achieve your financial goals sooner
Generous loan amounts
Up to AED 5 million, or 95% of the fixed deposit amount for UAE Nationals and expats
Flexible repayment terms
Take up to 48 months to repay through your NBAD account
Variable interest rates
Low interest rates from 2.49%* p.a.
Enter the amounts and the interest rate
NBAD Tools & Calculators
IBAN Generator & Instalment Calculators
- Salary Certificate
- Pledge on Fixed Deposit
- Completed and signed branch application form
- Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
Fees and charges
|Processing Fee||1% of loan amount (min. AED 500, max. AED 2,500)|
|Processing Fee on top-ups loan||1% of the top-up amount (min. AED 500, max. AED 2,500)|
|Loan Cancellation Fee||AED 100 (if cancelled before disbursal)|
|Life Insurance Fee||1% upfront on all approved loan amount
|Instalment Deferral Fee||AED 100 per deferral|
|Late Payment Fee||2% of overdue amount (min. AED 50, max. AED 200)|
|Loan Rescheduling Fee||AED 250
|Early Settlement Fees||1% of amount prepaid (if partial settlement)
1% of amount outstanding (if full settlement)
1% of amount outstanding, max AED 10,000 (in case of buyout)
Borrow, invest or save with NBAD
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|*Terms and conditions apply.
All rates quoted are p.a. on reducing loan balance. Variable rate linked to rate on deposit.