Personal Loan

By kriketh

Guys,

Having a personal loan and Other opportunities in UAE..

Is it possible to move to other country and continue paying my debt there??

By kriketh• 7 years 8 months ago.
kriketh

Hi Guys,

Thanks a lot for all this informative responses and comments

Therefore, its concluded that situation like this the successful and positive output may vary on bank restriction and policy.

By kriketh• 7 years 8 months ago.
kriketh

Hi Guys,

Thanks a lot for all this informative responses and comments

Therefore, its concluded that situation like this the successful and positive output may vary on bank restriction and policy.

By shifan12• 7 years 9 months ago.
shifan12

4) Guarantor option may applicable within the country,

By shifan12• 7 years 9 months ago.
shifan12

it depends, 1)if your company informing the bank and transferring E S B to the bank,if the amount is sufficient to cover the entire loan or liabilities, you can visit the bank how to get the clearance certificate and release. if the end of service is not sufficient to cover all you may visit the bank and collection department to resolve the issue by waiving some amount or other solution to release,

2) when the company not informing the bank, but you are willing to inform the bank, it is depends on bank and you how they will react,

3)since E S B is transferred to the bank, if the amount is not fully settled, most of the time they will hold

E S B until to settele to outstanding liabilities, will give you a chance to travel out of the country,

** if you are informing the bank at any chance.. try maximum to negotiate to reduce or to waive the charges or discount to repay back.

By Blackbird4• 7 years 9 months ago.
Blackbird4

My case is the opposite , i've left Dubai to Doha and the loan balance was 30% of the g.t , they told no issues as long as you will pay regulary and you will let them take authority of your E.O.S ,however maybe it depends on the bank policy along with the centeral bank too , i herbey recommend you to visit your branch and discusse in details your plan with one of the customer care representative or even to the branch manager , good luck

By gimkygimky• 7 years 9 months ago.
gimkygimky

its possible to transfer the Loan to any other Bank , May be Mashreq having Dubai HQ

By CTLOG• 7 years 9 months ago.
CTLOG

Are you joking ?

By iibrahimeverbrite• 7 years 9 months ago.
iibrahimeverbrite

you may contact your nearest branch, iam also having the same plan to move Dubai when I called bank they told us to go and check with nearest branch

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