Emirates NBD Credit Card Loan

Emirates NBD credit card loan is a popular pre-approved loan option. It lets you access funds in an instant, subject to limits as per your existing card usage, repayment history, credit limit, and other factors. This loan is processed quickly without any documentation hassle, which makes it perfect ...read more

Best ENBD Credit Cards in UAE

NBD Credit Card Loan Options

With Emirates NBD, you can easily request a card loan. It’s quite easy to access. In fact, the bank does not charge any processing fee for the same. However, note that interest is charged on the loan.

How to Apply for the Emirates NBD Credit Card Loan?

You can apply for an NBD credit card loan in the following ways —

Via Internet Banking

Sign into your internet bank account
Select ‘Cards’ on the homepage
Choose your card from the services tab
Tap ‘Loan on Card’ and ‘New Instalment’
Type in your loan amount and repayment tenure
Choose the account in which you want to transfer
Review the entered details and submit
You will receive an OTP on your mobile banking app
Slide to confirm and provide the Smart Pass PIN

Via Mobile App Banking

You can also apply through ‘Products’ and ‘Services’ at your fingertips through the bank’s mobile app.

Services

Click the relevant symbol at the bottom of the app
Select ‘Apply for New Service’ and ‘Credit Cards’
Click ‘Loan on Card’ and then ‘New Instalment’
Mention the loan amount and repayment period
Select the account in which you want to transfer the money
Confirm after reviewing the details
Provide the Smart Pass PIN to end the process

Products

Select ‘Cards’ on the homescreen of the app
Choose your card from the services tab and click ‘Loan on Card’
Tap ‘New Instalment’ and provide your loan amount and repayment period
Select the account in which you want to transfer the money
Review your details on the next page and confirm
Enter the Smart Pass PIN.

Know Your Eligibility for NBD Credit Card Loan

Find below the key details related to the ENBD card loan —

Minimum Amount : The minimum amount available with this loan is AED 1,000.

Account Holder : It is mandatory to have a local UAE bank account (any bank).

Account Holder Exclusions : ENBD Business Forex, Webshopper, Corporate, and supplementary cardholders are not eligible.

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FAQ's On Enmirates NBD Credit Card Loan

Ans: Yes, the bank decides the interest rate on your card loan based on your profile. However, a card without interest is available, although it comes with an applicable processing fee.

Ans: Yes, you can cancel your loan through the bank’s website.

Ans: Yes, a foreclosure fee of 1% of your principal balance is charged. Note that this fee excludes the 5% VAT.