Product details
What you need to know
What to check
Understand NBQ National Loans Scheme
NBQ National Loans Scheme is a personal loans product from National Bank of Umm Al Qaiwain. Compare the reducing rate or APR, monthly payment, processing fee, early settlement charge, salary rule and total repayment.
Published details
- Eligibility: UAE nationals meeting the scheme criteria
- Eligible Origination: Loan originated before May 2011
- Minimum Debt Burden Ratio: Above 50% of salary or income, or 30% of pension
- Remaining Tenor Criterion: More than 48 months, or 60 months for Armed Forces customers
- Monthly card finance rate: 3-month EIBOR
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want everyday banking benefits
- ✓You want an official source link
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | Medium | Official page | Medium |
| Last checked | Recently checked | Official page | Medium |