Worried about job loss? UAE bank offers job loss insurance

Noor Bank, a leading Shari’a-compliant bank in the UAE, today announced the launch of an exclusive promotion designed to benefit its personal finance customers with profit rates as low as 2.49% per annum, when consolidating their debt, or availing a new personal finance.

To run until 15 November 2016, the promotion serves as a value-addition to support the bank’s customers in managing their finances and credit wisely, as well as meeting their varied needs without any added pressure.

Speaking about the limited-time promotion, Waleed Barhaji, Business Head of Consumer Finance, Noor Bank, said: “This offer provides our valued customers with competitive profit rates on high personal finance amounts of up to Dh1,000,000 for expats and Dh2,000,000 for UAE nationals.

“With the onset of the school season and mounting expenses, this promotion is our way of thanking our customers and supporting them in seamlessly meeting their financial obligations. Through this campaign, Noor Bank reinforces its commitment to adding value for customers and remaining their financial partner of choice in the UAE and wider region.”

In addition to reduced profit rates, Noor Bank’s personal finance customers can also benefit from enhanced optional Takaful services, such as double indemnity (DI) and involuntary loss of employment (ILOE) – a scheme that can extend to support the customer’s family.

Customers with a minimum fixed salary of Dh 5,000 and salary transfer to Noor Bank are eligible to benefit from the offer. Interested customers can apply for Noor Bank’s personal finance promotion by simply sending an SMS message with the letters ‘PF’ to 3526.

Since its launch in 2008, Noor Bank has gained a reputation for offering innovative and client-focused banking products and services.