Emirates Bank Ties Up With Cellucom to Send its mePERSONAL Loan Customers Shopping For Free

Published April 12th, 2006 - 09:23 GMT
Al Bawaba
Al Bawaba

Emirates Bank tied up with Cellucom to give its mePERSONAL Loan customers free shopping at Cellucom.  Any new customer qualifying for a mePERSONAL Loan or any existing customer simply topping-up their existing loan will automatically receive a Cellucom shopping voucher.

Louis Scotto, Emirates Bank General Manager- Retail Banking commented, “ Emirates Bank’s mePERSONAL Loan has proved to be a very attractive and successful product amongst our customer base, which has motivated us to make it even bigger and better. Now, not only will customers benefit from our bigger loan amounts, competitively low interest rates and longer repayment periods, but they will also be guaranteed free shopping at Cellucom when taking out or topping up a mePERSONAL Loan.  Moreover, we are also conducting weekly draws which could win customers a hamper worth AED 8000.”

Customers who take a new loan or top up their existing loan will be eligible for free shopping at Cellucom showrooms. For loan amounts between AED 25000 and AED 50000, customers will receive an AED 500 Cellucom shopping voucher and for loan amounts over AED 50000, they will receive an AED 1000 Cellucom shopping voucher.

In addition, every customer who successfully applies for a mePERSONAL Loan or tops-up an existing loan will be eligible to enter into a weekly draw with a chance to win an attractive Hamper worth AED 8000 every week!  The Hamper would include attractive products from Cellucom comprising: a Laptop, an Imate, GPRS Card, Bluetooth Headset and a Wasel Card.

mePERSONAL loans have become even more attractive with a maximum loan amount of up to 55 times salary for UAE Nationals and up to 32 times salary for expatriates, low interest rates starting at 8.4 % ;and longer repayment periods reaching 132 months give the flexibility needed to repay these loans in easy instalments.  That’s not all, with the approval of the loan, customers can get free life insurance and a free Emirates Bank account with a zero balance facility for their convenience.

 

 

Emirates Bank offers a full range of retail banking products and services under the ‘me’ brand name.  These include: meACCOUNTS  (current & savings Accounts), meDEPOSITS (Term Deposits), meFORTUNES (Draw Certificates) mePERSONAL (Personal Loans), meDRIVE (Car Loans), meCARDS (Credit Cards), meUNIVERSITY (Student-Oriented Banking Products/Services), meLADY (Female-oriented Banking Products) meINSURANCE (Insurance Products), meNRI  (for Indian Expatriates), meNRL (for Lebanese Expatriates), and meMILES (Credit Card Loyalty Programme).

In addition, Emirates Bank offers its customers priority banking services through its Al Shaheen Club.

Emirates Bank offers its customers the convenience of banking across a range of channels. which include banking on-line, phone banking and through visiting one of the ever-expanding network of branches across the UAE. It is no wonder that Emirates Bank has been awarded the coveted status of a ‘Superbrand’ for the past three consecutive years.

 

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