With high loan amounts and attractive interest rates, you could access additional funds and reduce your monthly payments with our Buyout Loan.
Competitive interest rates
From as low as 4.74%* p.a.
High loan amounts*
Up to AED 5 million for UAE nationals
Flexible repayment terms
Up to 48 months
(60 months for UAE Armed Forces employees)
- Liability Letter
- Salary Transfer Letter
- Bank Statements (6 months)
- 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 Loan Top-ups||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
|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)
Reference Rate For Variable Rate Loans
NBAD Personal Loan Base Rate (PBR)
Enter the amounts and the interest rate
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|*Promotional offer valid for a limited period. Terms and conditions apply. All rates quoted are p.a. on reducing loan balance.
*Individual customer loan amount will be based on individual customer eligibility.