Dubai: Personal loans of up to Dh5 million are being offered by the National Bank of Abu Dhabi (NBAD) for Emiratis while expatriates may be able to apply for loans of up to Dh2 million.

The bank's "Dream Big. Live Big" campaign offers interest rates as low as 6.99 per cent, as well as offering customers the opportunity to consolidate various loans from different providers into one simple loan from NBAD.

"We invite UAE residents to [take] advantage of NBAD's rates to pay off debt," said Suvo Sarkar, the General Manager of Consumer & Elite Banking at NBAD.

Other add-ons include a free for life pre-approved NBAD credit card, no minimum balance requirements on the NBAD bank account as well as a pre-approved NBAD Overdraft facility.