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Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
Emirates NBD - Education Loan Emirates NBD - Education Loan Minimum Salary: EGP 2,000 Salary Transfer: No Islamic Finance: No Maximum Term: 3 Years Flat Rate: 0% Reducing Rate: 0%
Now you can finance 100% of your education or the education of your children with Emirates NBD education loan.

 
Features
  • Flexible tenor up to 36 months
  • Loan amount up to EGP 100,000
Eligibility
  • EGP 2,000 minimum gross monthly income
Additional Information
Documents Required: Salaried:
  • Loan application
  • Letter from the school/university with the cost of the education program
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • HR letter
Self-employed:
  • Loan application
  • Letter from the school/university with the cost of the education program
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • HR letter
  • Recent copy of commercial register and tax card
Pensioner:
  • Loan application
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • Proof of pension
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator