Overdraft

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In times of a temporary cash shortfall, Overdraft from Emirates NBD gives you the power to draw against your salary or Fixed Deposit for a much needed instant cash support. Take advantage of this unique Overdraft facility and confidently manage your expenses or honour your financial commitments.

• Cheque bounce protection
• Ideal for emergency cash requirements
• Easy repayment options
• Pay only for the amount and the time period used
• Easy documentation
• Instant cash support
• 90% of your net monthly salary
• 2 times your net monthly salary
• 90% of the Fixed Deposit under lien with us

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• For an overdraft of 90% of your net monthly salary, a minimum salary of AED 3,000 is required
• For twice the amount of your net monthly salary, a minimum salary of AED 10,000 is a must
• Or, get an overdraft for 90% of the Fixed Deposit under lien with the bank

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Am I eligible for Over Draft?

Yes, if your salary account with us has regular salary credits and your company is on our approved list for overdraft facility. Your minimum net monthly income must be AED 3,000 per month.

What is the amount I can get as an overdraft?

Depending on your eligibility, the maximum amount you can avail as an overdraft is either;

• 90% of your Net monthly salary
• 2 times your Net monthly salary. Minimun monthly salary of AED 10,000 is required
• 90% of the Fixed Deposit under lien with us

How do I utilise this amount?

This amount is made available in your Account. It can be withdrawn through the regular modes i.e. ATM, Cheques, online transfers.

When will my limit get renewed?

Based on the account performance and salary credits, the limit will be renewed after 12 months.