Leading the way at Emirates NBD

  Emirates NBD Current Account for Businesses Are you considering opening an account for your business? And are you confused as to whether you should open a savings or a current account? If you are, this article will help you decide what kind of account you should open. A current account in essence is an account which is used for daily transactions, payments, incoming earnings, vendor payments, salary payments . Opening a current account makes payments and transactions flexible, further provides a business with legitimacy, as it meets banking compliance standards. Benefits of a business current account: 1 .        Immediate access to funds: Business current accounts enable you to have immediate access to your funds 24/7, which makes it easier and flexible to carry out daily business transactions. 2.        Bulk payments: Unlike normal current accounts where a single payment can be done at a particular time, business current accounts have bulk payments to different beneficiari

  What is Emirates NBD Home Loan Calculator? When you have finally decided to own a home of your own, you may be looking for a home loan . With a plethora of choices from different lenders, one of the most important things to consider is the EMI (equated monthly installments) on the loan. Your EMIs are a fixed amount, which includes the principle and interest which you will pay on a monthly basis, until your loan is fully paid back. An EMI calculator is often used by the lenders to give you an idea of your loan timeline and the EMIs to be paid monthly. There are 3 main factors that influence an EMI: 1.        Loan amount : Principal amount borrowed from your lender. 2.        Interest rate : The rate at which your lender has agreed to grant you the loan. 3.        Tenure : Duration for which you have taken the loan. Based on the above factors, an EMI calculator computes the interest to be paid monthly. Calculate your monthly EMIs using Emirates NBD’s loan calculator . The