National Bank of Fujairah (NBF) Personal Loan

Key Features of the National Bank of Fujairah Personal Loan in UAE

Here are the primary perks of choosing an NBF Bank personal loan —

• High loan amount of up to 20 times your monthly salary —
  • Up to AED 1 million for expatriates
  • Up to AED 3 million for nationals
• Easily repay the loan within 48 months
• Instant application processing with minimal paperwork
• Availability of a debt consolidation option
• Transparent fee structures

Eligibility Criteria for the NBF Personal Loan in the UAE

To qualify for the National Bank of Fujairah personal loan in UAE, you must meet the following eligibility requirements —  

Eligibility Type	Criteria
Minimum Age	21 years
Nationality	UAE national or expat
Status of Employment	Minimum job tenure or business duration may be required
Salary Transfer	Mandatory

NBF Personal Loan Requirements — Documentation

You must submit the following documents for application processing —

• Emirates ID
• Passport
• UAE residence visa
• Signed and undated cheque

How to Apply for NBF Bank Personal Loan via Paisabazaar.ae?

At Paisabazaar.ae, we simplify the whole process of loan selection and application for you. With us, you can find the best finance for yourself — all at your fingertips! 

Here’s how to apply —

• Step1- View the lead form and enter all the essential details
• Step2- Submit the form 
• Step3- Go through the listed loans on the quotes
• Step4- Select one 
• Step5- Apply and await a response from us

Got any questions regarding loans? Call us at 800 728 4647 or email us at communication@paisabazaar.ae.

Know what we bring to you to make your loan selection better —

• Wide range of options from the leading UAE banks
• One platform to compare multiple options
• Dedicated experts to assist you throughout the application process
• Instant and hassle-free loan process and documentation

Online Personal Loan Calculator in UAE

Planning to take a loan? It’s wise to estimate your monthly instalments beforehand — a personal loan calculator can help you do this. It not only saves you time but also provides you with an error-free result.With this free online tool, you can obtain the result in seconds. All you need to do is provide the loan amount, repayment period, and the interest rate for the calculation. This will show you not only the monthly instalments but the total interest as well. You can find an easy-to-use personal loan calculator on Paisabazaar.ae. This tool generates instant results and gives you a clear breakdown of your instalments. You can also reset the entered values to generate a new result. 

Note: While these calculators are accurate, your instalments can vary. This is because the interest rate is decided by the bank at the time of application processing, which might be different from the one used for calculations.

National Bank of Fujairah Personal Loan — Fees and Charges

Find below the list of all the fees and charges of the NBF bank personal loan —

Type of Fees	Charges
Processing Fee	0.5% of the loan amount Min — AED 500 Max — AED 2,500
Early Settlement Fee	1% of the outstanding loan amount (max AED 10,000)
Partial Payment Fee	1% of the partial payment amount (max AED 10,000)
Late Payment Fee	AED 200
Loan Rescheduling Fee	AED 250
Loan Cancellation Fee	AED 100
Loan Top Up Fee	1% of the top-up amount   Min — AED 500 Max — AED 2,500
Other (Loan copy, audit confirmation, issuing redemption statements, and so on)	AED 25

National Bank of Fujairah Personal Loan — Terms and Conditions

Mentioned below are some of the terms and conditions of this NBF loan —

• Along with your application, the bank may ask for supporting documents and details to help it assess your request. NBF also carries out necessary background checks, including credit assessments, as part of its due diligence process.
• Loans are approved solely for the purposes you mention in your application and must be used as outlined in your product terms.
• In cases where you’re legally required to make any deductions or withholdings on your loan repayments, the total amount you pay will need to be increased. This ensures that after the deduction, the bank receives the full amount it would have gotten without it.
• Note that loan approval is entirely at the bank’s discretion. Approval depends on whether you meet the eligibility criteria and provide all required information. You’ll need to complete, sign, and submit all the necessary forms and documents that the bank requests.
  
  It’s also important that you only use any loan the bank offers for lawful purposes and in full compliance with relevant laws, especially those related to anti-money laundering, counter-terrorism, or restrictions involving specific individuals, businesses, or countries.
• To maintain access to NBF’s products and services, it’s essential that you provide any information that the bank requests. If not, the bank may have to decline your application or restrict, suspend, or terminate your access. 
• Keep the bank updated on any changes to your personal or legal information, such as renewed passports, residency visas, business licences, or address updates.

Note: Visit NBF’s official website for detailed T&C.

Frequently Asked Questions