Scholar Plus Education Loan

Let us help you fulfil their dreams

We're committed to helping your children reach for the stars with the Scholar Plus Education Loan from Emirates NBD

Interest rates starting from 2.65% p.a. flat
Scholar Protect
Loan amount of up to 125% on course fee
* Equivalent to 4.99% p.a. reducing.
** Covers the loan outstanding in case of an eventuality
*** In case you wish to top up your existing education loan.
**** Maximum loan amount can be up to AED 300,000.
*Rates and benefits will be applicable based on the customers segment, their eligibility and borrowing capacity as per the banks credit policy and central bank regulation.

Let us help with your loan

Top-up your existing loan with us for extra cash

Key features and benefits

  • Zero early settlement fee on top ups
  • No minimum EMI payment on your existing loan is required to apply for a top-up
  • Free Global Cash card
  • Free Credit life insurance
  • Loan amounts of up to AED 300,000
  • Loan tenure up to 48 months
  • Avail up to 2 non-consecutive deferments in a loan cycle

I want to borrow

AED 25,000 AED 300,000
12 months 60 months

You can borrow AED {0} Personal Loan

with monthly payments as low as

AED  

Tentative rate: 4.99% reducing p.a.

Rates and benefits will be applicable based on the customers segment, eligibility and borrowing capacity as per the banks credit policy and central bank regulation.

An education loan for students so they can focus only on their studies

Key benefits and highlights

  • Loan amounts of up to AED 300,000
  • Loan tenure up to 48 months
  • Free Credit life insurance
  • Free Global Cash card
  • Preferential rates on currency conversions including USD and Pound Sterling (limited to foreign currency accounts)
  • Avail up to 2 non-consecutive deferments in a loan cycle

Terms and conditions apply.

I want to borrow

AED 25,000 AED 300,000
12 months 60 months

You can borrow AED {0} Personal Loan

with monthly payments as low as

AED  

Tentative rate: 4.99% reducing p.a.

Rates and benefits will be applicable based on the customers segment, eligibility and borrowing capacity as per the banks credit policy and central bank regulation.

Benefits of getting a loan with Emirates NBD

Credit Life Insurance

An insurance for your outstanding loan to protect you in case of an eventuality

7 day loan return

Return your personal loan to the bank even after it's credited to your account

Debt consolidation

Lighten your financial payments with our One Pay facility

AECB score

Process your application faster with a good AECB score

Co-applicant program

Increase your eligibility by applying with a salaried spouse or a family members

Easy loan applications

Getting a loan with us is the smart thing to do

Eligibility

Salary should be transferred to Emirates NBD

Minimum salary: AED 5,000

Parents of students should be UAE Nationals or expats on UAE residency

Not mandatory for the employer to be on our approved list of companies

Documents required to apply

Here are a list of documents required to complete your application:

  • Passport, visa & Emirates ID of applicant
  • Income documents of applicant
  • Proof of enrolment / copy of student ID card
  • Passport copy of the student & relationship proof of applicant and student
  • Fee invoice / quotation from the educational institution

Documents required to apply for Top up:

  • Passport, visa & Emirates ID of applicant
  • Income documents of applicant
  • Fee invoice / quotation from the educational institution

Here are a list of documents required to complete your application:

  • Passport, visa & Emirates ID of applicant
  • Income documents of applicant
  • Proof of enrolment / copy of student ID card
  • Passport copy of the student & relationship proof of applicant and student
  • Fee invoice / quotation from the educational institution

Documents required to apply for Top up:

  • Passport, visa & Emirates ID of applicant
  • Income documents of applicant
  • Fee invoice / quotation from the educational institution

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


What our customers are saying:

"The loan approval time was very good. They have approved the loan within 2 or 3 days."

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.

Borrow Wisely

Do you know the difference between a flat rate and a reducing rate? Get tips from experts on managing your finances responsibly.

Refer and get rewarded

Refer your friend or family to apply for a loan with Emirates NBD and both of you can get an AED 500 voucher each*.

Enter your details first, share the link with the person you want to refer and ask them to fill in their details.

*Terms & conditions apply

Other Loans

Looking for something different?

Salary Transfer Loans for Emiratis

Our easy loans application process, higher loan amounts, discount on fees, competitive interest rates and instant pre-qualification help you plan your finances

Know more

Scholar Plus Education Loan for executives

Give your career an extra professional boost with the Emirates NBD Scholar Plus Education Loan for executives

Know more

Thank you for your feedback!

How was your experience?

We'd love to know.

1 = Poor, 10 = Excellent