Introduced by the Central Bank of the UAE in March 2019, the NLS is a financial solution for UAE National customers who have a debt burden ratio (DBR) exceeding 50% and a tenure exceeding four years.
The NLS is based on an individual’s finances, (excluding home finance and finance against shares/deposits) being combined and restructured, then reducing the profit rate by applying the 3-month EIBOR*.
In confirming its participation and support for the NLS, Al Hilal Bank will receive finance applications from UAE National customers who meet the NLS criteria, as outlined by the Central Bank.
We will contact our eligible customers by phone, SMS and email during the availability period. Eligible customers can also contact us directly to enrol in this scheme.
Download the app
Contact us anytime anywhere available 24 /7 600 522 229
SMS 'NLS' to 2494 from your registered mobile number.
We will be happy to welcome you at any of our branches. Find the closest branch to you