Overdraft Loans

Instant cash support up to twice your salary

Pay interest only on the amount you use
Money transferred to your account instantly
Apply now
Overdraft Loans
At a glance
Benefits
Eligibility & documents
Key facts statement
Support
Get your loan

Let us help you with your loan

Instant cash loan to help you tide over an emergency

For employers listed and not listed with us
Cheque bounce protection
Minimum net income: AED 3,000

Key benefits and highlights

  • Interest rates of 1.5% per month or 18% per annum
  • Overdraft against 90% of fixed deposit limit with Emirates NBD
  • No waiting period for salary transfer accounts; for non-salary transfer accounts, the first salary needs to be credited
  • 12-month validity, renewable based on account performance and salary credits
  • Interest charged only for the amount used and the number of days the overdraft is taken for. For instance, if your overdraft limit is AED 10,000 and you’ve used only AED 1,000 for 7 days, at the rate of 18% per annum (1.5% per month), you’ll be charged approximately AED 3.45 interest for that month.
  • Once cash or salary is credited to the account, it will be considered as payment against the overdraft
  • If you are working with a non-listed employer, you can apply if your salary is above AED 6,000, have worked in the same company for minimum 6 months and transfer your salary to us for a minimum of 6 months
  • No need for documentation if you have a personal loan with us or transfer your salary to us
Apply now

Calculate your monthly OD Interest payments

AED 5,000 AED 100,000
1 days 31 days

You can borrow {0} Personal Loan

with monthly payment as low as

AED  

Benefits of getting an overdraft with Emirates NBD

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

Up to 2 times your net monthly salary

90% of the Fixed Deposit under lien with us

Eligibility

Minimum salary: AED 3,000

Minimum length of service for salary transfers: zero

Minimum length of service for non-salary transfers: 6 months

Customers working in listed & non-listed companies are eligible

Documents required to apply

  • Passport & EID
  • Salary certificate
  • Security cheque
  • Please ensure you have all the documents in the above checklist so we can process your application faster
  • We may require additional documents, if needed, based on the bank’s discretion
  • Passport & EID
  • Salary certificate
  • Security cheque
  • Please ensure you have all the documents in the above checklist so we can process your application faster
  • We may require additional documents, if needed, based on the bank’s discretion

Apply for an Emirates NBD loan and be part of the most innovative bank in the region


What our customers are saying:

"I love the convenient way of sending money to the Philippines. Services such as paying other bank credit cards in the UAE are also time saving. Thanks #EmiratesNBD"
Vivian Hermandez Lim
Apply now

Things you need to know

Borrow wisely and ensure you go through the list of documents for all the fees and charges you'll incur and the terms and conditions involved when you get a loan from us. 

  • If you do not meet the monthly repayments on your loan, your account will go into arrears and incur late payment fee.
  • When you miss repayments, this could affect your credit score and limit your ability to access loan/financing in the future.
  • When you refinance your loan or avail installment deferments, it may take longer to pay off than your previous loan. It may also result in paying more interest.

Important links and documents

Key Facts Statement - Fixed interest rate

Personal Loans fees & charges

Personal Loan T&Cs

Key Facts Statement - Variable interest rate

General fees & charges

General T&Cs

Support

How can we help?

Early loan settlement
Defer your loan payments
Partial loan settlement
Restructure your loan

Direct debit for loans

Direct debit for loans from other banks

Are you struggling financially?

Our accessible and inclusive banking services
Have a question? Visit our Help & Support section for answers to your queries.
The ultimate rewards app

The all new Beyond Rewards app will make your life more rewarding. This is an all-in-one rewards app with dining, wellness, entertainment and lifestyle offers and discounts; it’s the ultimate rewards app.

Benefits and features:

  • Find offers and discounts from your favorite merchants using the search feature.
  • No vouchers needed, simply redeem all offers right one the app and on the go.
  • Easily navigate and explore between restaurants and retailers and browse their offers.

View your redemption history right on the app to see how much you have saved over time, and see why Beyond Rewards is the ultimate rewards app.

Reward vouchers

Personal Loan

As part of our soft bundle offer, you will get a chance to win a voucher of AED 1,000 for loan amounts between AED 250,000 – AED 500,000 or a voucher of AED 2,000 for loan amounts above AED 500,000*.

*Terms and conditions apply

  • This offer is valid for 6 months from the time of establishing a salary transfer relationship with Emirates NBD Personal Banking.
  • This offer is only valid on loans with standard pricing. Promo offers or discounted rate loans are not applicable
  • Promo code should be added in the loan application.

Auto Loan Package

Get everything you need for the drive of your dreams with Emirates NBD’s Auto Loan. We offer a range of loan variants, giving you the most comprehensive auto loan offers in the UAE

As part of our soft bundle offer you will get a voucher of AED 500 for loan amounts between AED 100,000 and AED 250,000 or a voucher of AED 1,000 for loan amounts above AED 250,000*.

*Terms and conditions apply

  • This offer is valid for 6 months from the time of establishing a salary transfer relationship with Emirates NBD Personal Banking.
  • This offer is only valid on loans with standard pricing. Promo offers or discounted rate loans are not applicable
  • Promo code should be added in the loan application.

Home Loan

Come home to a home of your own, with finance available from a wide choice of reputable developers as well as for self-construction and private villas in both Dubai and Abu Dhabi.

As part of our soft bundle offer, you will get a free voucher of AED 2,000 for loan ticket between AED 1 million and AED 3 million or a voucher of AED 5,000 for loan ticket above AED 3 million*.

*Terms and conditions apply

  • This offer is valid for 6 months from the time of establishing a salary transfer relationship with Emirates NBD Personal Banking.
  • This offer is only valid on loans with standard pricing. Promo offers or discounted rate loans are not applicable
  • Promo code should be added in the loan application.

Credit cards

Credit Card & Bancassurance Bundle Offer

Apply for a Skywards, Marriott Bonvoy™ World Mastercard® or U By Emaar Signature Credit Card and take a Bancassurance product within 30 days period and avail a discount on the credit card joining fee.

  • 50% reversal of the joining fee if the monthly premium paid is between USD 250 and USD 499*
  • 100% reversal of the joining fee if the monthly premium paid is USD 500 or more*

*The joining fee will be charged in the first billing cycle and the reversal of the joining fee will be done in second or third billing cycle depending on the date of insurance premium debit. Please note in case of discontinuation of insurance premiums before the 12-month period, the joining fee will be debited from your primary account.

Beyond loyalty program

Win AED 2,000 cashback every month

Introducing a simple and transparent loyalty rewards program of where you can win prizes every month based on your product holding. You have a chance to win one of 15 cashback prizes.

  • 12 prizes of AED 2,000 cashback for Dubai, Sharjah and Northern Emirates customers
  • 3 prizes of AED 2,000 cashback for Abu Dhabi and Al Ain customers

As a Beyond from Personal Banking customer you will get entries equivalent to the number of products held with Emirates NBD i.e. Current Account, Savings Account, Fixed Deposit, Credit Cards, Loans, Insurance, Foreign Exchange transactions in the monthly raffle draw without any other terms and conditions on usage, ticket size etc. So if you have a Salary Transfer Account and a Credit Card every month you will be given 2 entries in the raffle draw while your friend would get 4 entries every month if he has a Salary Transfer Account, Credit Card, Auto Loan and an Insurance Plan with Emirates NBD Personal Banking.

Every quarter raffle draws will be conducted and winners will be announced.

Bank reserves the right to revoke/change the loyalty rewards program without prior notice.

View the winners for July-September 2022

Previous winners (2020-2022)

Other Loans

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AECB score

Having a higher AECB score gives you more benefits

  • No salary transfer requirement
  • It's not mandatory for your company to be listed with us
  • No need to submit bank statements
  • Minimum length of service is not required

Credit Life Insurance

Credit life Insurance (CLI) is a personal life insurance cover provided under the Group Credit Life Insurance policy where, in the unfortunate event of borrower’s death, the outstanding loan amount will be covered under this insurance scheme by the insurance company*.

*Subject to terms of the policy. Other terms & conditions apply.

Co-applicant program

  • The main applicant should be employed by a company that is listed with us. The co-applicant can be your parent, spouse, son or daughter, but not sibling
  • Only one co-applicant allowed
  • Minimum monthly salary of the primary applicant should be at least AED 5,000
  • No company listing or salary transfer is required for the co-applicant

Debt consolidation

Now, make all your loan and credit card payments through one simple, yet effective solution. It's time to eliminate all your hassles as you cut down on your monthly payments.

  • Enjoy preferential interest rates
  • One manageable payment plan for all your existing debts
  • One single monthly payment for your convenience

Learn more about how debt consolidation works

Apply now

Easy loan applications

  • Easy processing and simple documentation
  • Minimum requirements needed to avail a loan
  • Higher AECB score - faster processing and better rates
  • Minimal documentation needed to top up your existing loan

7 day loan return

  • Notify the bank or your loan agent  Incase of loan cancellation within 7 days
  • The loan amount should not be withdrawn from your account
  • Valid only for new loans without liability settlements. Not for topped-up loans or loans transferred from other banks
  • Please note that you have to return the loan amount in full. This option is not applicable for partial returns

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Emirates NBD Bank (P.J.S.C.) is licensed by the Central Bank of the UAE, Baniyas Road, Deira, P.O. Box: 777, Dubai, UAE

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