Business

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has introduced a Ramadan Personal Loan Offer as part of its commitment to the UAE’s Year of Community initiative. This unique campaign provides financial support to customers while embracing the spirit of generosity during the Holy Month of Ramadan.

A Loan Offer with a Charitable Twist

The campaign offers customers immediate access to personal loans to help manage increased Ramadan expenses without financial strain. Additionally, customers who avail of the loan will automatically enter a lucky draw, where 50 winners will receive cashback prizes of up to AED 15,000. In a gesture of social responsibility, Emirates NBD will match the total cashback amount won and donate it to the Al Jalila Foundation to support charitable causes.

Key Benefits of the Ramadan Personal Loan

• Loan amount: Up to AED 4 million for Emiratis and AED 3 million for Residents.

• Competitive interest rates tailored to individual financial needs.

• Zero processing and insurance fees for Emiratis.

• Complimentary life insurance for Residents.

• Flexible payment options:

  • Emiratis can defer the first installment for up to 120 days.

  • Residents can defer the first installment for up to 90 days.

Emirates NBD’s Commitment to the Community

Yousuf Saeed Mohd, Head of Priority Banking and Personal Banking at Emirates NBD, highlighted the bank’s dedication to financial well-being and social responsibility:
"As a homegrown banking champion, we are proud to launch this offer during Ramadan. Our initiative encourages responsible borrowing while ensuring customers do not face financial stress during the Holy Month. Additionally, the cashback prizes and donations reflect our commitment to giving back to the community, reinforcing our support for the Year of Community initiative."

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