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Frequently asked questions:
What does EIBOR stand for?
EIBOR is "Emirates Interbank Offered Rate"
How does Variable Pricing work?
Emirates NBD Flexi Drive has a variable rate combining the base rate plus a margin as agreed upon at the time of application, with a 6 months review frequency. This means that your base rate will get reviewed and refreshed to reflect the current 6 months EIBOR every 6 months.
Where can I find EIBOR rates?
EIBOR rates are published and refreshed regularly on the Central Bank of UAE website.
That’s not all, you will also get to avail a 1st year FREE Premium Credit Card** of your choice and enjoy it’s exclusive benefits. Existing card holders will gain the advantage of a free renewal.
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