National Bank of Dubai has announced the launch of NBD Home Loans for purchase and refinance of freehold residential properties in the UAE.
Available both to UAE residents and non-residents, NBD Home Loans will offer customers loan amounts up to AED 4 million, flexible tenors of up to 20 years, competitive interest rates and attractive prepayment options.
"At NBD, we know that there’s no place like home and no home like your own," stated Suvo Sarkar, Head of Retail Banking, National Bank of Dubai. "We are very excited to be able to provide home buyers in UAE with a flexible home loan product that can be tailored to their specific financing requirements."
As an introductory promotional offer, National Bank of Dubai has tied up with Dubai Duty Free to offer all approved NBD Home Loan customers a chance to win big prizes at the Dubai Duty Free raffle draws. "To add to the excitement of buying a house, we will automatically enter all our Home Loan customers into either the DDF Finest Surprise draw for a luxury car or the DDF Millennium Millionaire draw for US Dollar 1 Million in cash, depending on the loan amount," added Mr Sarkar.
