Questions & Answers
Questions & Answers
7 available 7 • View allRequest to the bank for releasing the EOSB held against a loan 
2
Q: My contract was terminated after four years of service and I have received the End of Service payment to my bank account, but this amount was immediately blocked.
I have contacted the bank to release the amount. I also said that I want to continue normal payments of loan instalments. I still have about 24 monthly payments, but the payment is only for 9.
Can the bank agree that I make instalment payments if I am no longer in the UAE?

Aug 31, 2018
8472
Holding the EOSB by the bank in case of a pending loan
5
Q: I am no longer in the UAE.
I have received the End of Service payment that the bank has blocked.
I have asked the bank to release part of the payment (30%) so that I can support myself and my family, and use the rest for the next 6 payments of the 24 remaining payments of my loan.
I want to continue with normal loan instalments until the loan is fully paid, but they said that they will forward the case to the collection department.
I have always paid my instalments on time and in full, but I have no possibility of paying the outstanding amount.
Is there any formal reason that I cannot continue to pay off the loan when I am outside the country?
Is this not against Sharjah law to deprive someone of means of subsistence by blocking the funds?
Is this not against Sharjah law to put someone in a bad credit situation and thus to deprive his human dignity if he says I want to continue regular payments and has always paid before?

Aug 31, 2018
6275
Guarantee cheque to release gratuity and the way of claiming it back
1
Q: Hi,
A person had taken AED 150000 loan from a UAE bank. He lost his job and couldn't pay the EMI to the bank on time and his company didn't release his gratuity and demanded surety cheque in order to release his gratuity.
So A took B's cheque as surety for AED 75000. Later A says his case was with the court and he got a clearance letter from the court upon paying some fine and now a becomes a defaulter.
Still, B is receiving calls from the bank since his surety cheque is with the bank.
When A's case is cleared, how can B get back his surety cheque?
How Can B safely come out of this?
Please advise

Oct 22, 2018
2738
Holding the EOSB by the bank after changing jobs
1
Q: Hello,
I have a loan with a local bank and I just changed the job with a better package.
But unfortunately, the new company is not listed with the bank and my EOSB is on hold. In that context
1) My new company is listed in an international bank. Can I arrange a direct debit option?
2) Can my existing bank deduct the upcoming EMI from EOSB's?
3) Will there be a travel ban if my payments are regular to the bank?
I have a loan but not transferring my salaries.

Dec 9, 2019
1112
The bank holds the EOSB after changing administration despite paying instalments on time

0
Q: Hi,
I would like to ask for advice.
I worked in a semi-government laboratory here in the UAE.
Recently, it was acquired by another government entity and our end-of-service benefits were credited to my bank of which I have a loan and credit card. The EOSB was held by the bank.
I have never missed any installment as my salary is also remitted in the same bank. I submitted all the documents required. I have no changes in my salary and benefits with the present employment.
What remedy can I avail for the bank to release my EOSB?
I already contacted them about this but the customer service is always telling me to wait for the call of the concerned department, which I have not received until today.
Thank you.


Jun 28, 2021
419
Implication on bank loans if terminated from job due to redundancy
1
Q: Hi,
Does taking out a personal loan from a Dubai bank have any implications on my visa cancellation and exiting the country in case of job redundancy if there is no loan default?

Oct 31, 2019
589
Can the bank freeze my end-of-service benefits even if I did not miss any payment?

0
Q: Hi,
I am out of my job. My end-of-service money got blocked since I still have a personal loan for 2 more years.
I plan to find another job and I am not leaving the UAE. Also, my husband is working here for many years.
How can I release my end-of-service money?


Mar 8, 2023
1044
Legal blog
1 available 1 • View allAn Overview of the New UAE Labor Law and Recent Amendments of 2024 233
The UAE has adopted a major reform in its legislative system that brought about 40 new laws and amendments to the company law, criminal law, personal status, among others. The amendments aim to develop the legislative structure in various sectors, the labor law being one of these, was the most recent. We try in this article to shed light on the changes introduced with the new labor law and their significance on both, the employer and employee.
Sep 10, 2024
90405
Laws & Regulations
2 available 2 • View allFederal Law No. (8) of 1980 Concerning the Regulation of Labor Relations 53
The provisions of this Law, known as "UAE Labour Law", govern the relationship between employers and employees and other labour matters in the United Arab Emirates. There are special labour related regulations applicable in some of the free zones in the UAE.
Apr 20, 1980
103606
Federal Decree-Law No. (33) of 2021 On the Regulation of Labor Relations 34
The provisions of this Decree-Law, known as "New UAE Labor Law", govern labour relations in the private sector of the United Arab Emirates. The New Labor Law repeals the previous UAE Labor Law (Federal Law No. (8) of 1980).
Sep 20, 2021
26391

Premium
Other answers by
342 342 answers •
View allHow can I vacate my tenant if the rental agreement ends before the eviction notice deadline? 0
My Dubai tenant's rental agreement is ending by the end of September 2024 and the completion of 12 months of legally served Eviction Notice is the end of December 2024.
I have two questions:
(a) Can I send a rent increase notice 3 months before as the rent has increased as per the RERA rent calculator?
(b) The second question is, do I have to renew the rental agreement for 3 months (until December 2024) or not?
Thank you.
May 1, 2024
269
How can I reach a settlement with the bank for a mortgage of a jointly owned property? 0
I have a jointly owned property in Abu Dhabi. The mortgage was defaulted on as I had to leave the property with my children following an assault by my ex-husband. He left the country in 2018 and never paid the mortgage.
As I was in the country, the bank filed a criminal case against me, and I was sentenced to 3 years. I won the appeal against the bank and then filed another criminal case a few months later in Dubai. Again, I won and paid a fine.
In 2019, the bank started a civil case against me and my ex-husband to have the property repossessed. However, at the time of the purchase of the property, there were no Title Deeds, the bank requires this.
I cannot give them the Title Deeds to sell the property and pay back the amount owed to them as my ex-husband refuses to provide a POA. The bank has filed another criminal case against me only for our jointly owned property.
I wish to resolve this and pay off the bank and receive any money left from the sale. How can I resolve this issue of the Title Deeds?
Oct 4, 2022
286
The procedures for filing for divorce on mutual consent 0
Dear sir/madam,
I am separated from my wife due to compatibility reasons. We got married in the Indian consulate in Dubai on December, 23rd.
We would like to file a divorce on mutual consent as soon as possible. May I get some advice here on the procedures?
Sep 13, 2022
676
My previous employer failed to pay my gratuity. Can I file a case 6 months after resignation? 0
My previous employer failed to pay my gratuity six months past now since I resigned, Is it possible to file a case against him after a 6 months period?
May 31, 2022
1275
Can a real estate agency hold a percentage of a property sale until transfer is done? 0
A real estate agency has signed an MOU stating that a 10% security deposit from the buyer and the seller will be kept in the real estate agency and will be released upon transferring the property.
The transfer of the property was blocked due to the court order.
According to my colleagues, the real estate agency is not a trustee and they are not allowed to have taken my security check in the first place, is this correct?
Jun 28, 2021
1270
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