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| | | | | | Life
Line |
| | Lifeline
limit is directly inter-linked with a customer's other existing loan liability.
The total loan installment plus lifeline facility must not exceed 100% of customer's
monthly salary.Life line limit is subject to annual review and renewal is automatic
if customer's income is mandated to NBAD. Life line application to be filled &
signed by customer. | | | | | Features
and Benefits |
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- Pre-arranged, stand by Overdraft Facility for short term needs for individual customer’s accounts only.
- Facility allows account to be overdrawn up to pre-determined limit and repaid when next salary or sufficient funds are credited into account.
- One time enrolment for continuous facility.
- Cash withdrawal can be accessed through ATM by using your debit card.
- Lifeline limit can be used as your own “cash in account” to pay for purchases by debit card or by issuing a cheque on your account.
- Competitive interest rate
- No arrangement fee.
| | | | Eligibility: | | Existing NBAD current account holders with salary mandated to NBAD |
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| Bank’s Terms & Conditions Apply.
*All Loans are subject to Bank’s approval.
For more details call 8002211 or visit any of NBAD branches.
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