FAB Non Salary Transfer Personal Loans for Expats

Non Salary Transfer Personal Loans for Expats

Salary Transfer Required?
Minimum Monthly Salary
AED 15000
Fixed Rate
Reducing Rate
Max Loan Amount
AED 600000
Salary Transfer Required? no
Minimum Monthly Salary AED 15000
Fixed Rate 8.39%
Reducing Rate 14.99%
Max Loan Amount AED 600000

Top Reasons To Choose

  • Attractive loan amounts up to AED 600,000
  • Interest rates starts from 14.99% variable per year
  • Minimum documentation
  • Employer need not be on the FAB approved list
  • Comprehensive Life Insurance coverage

Personal Loan Rates as low as 14.99% (fixed) per year. Expatriates living in the UAE can apply for a personal loan from FAB without a need for a salary transfer. Loan can be availed up to AED 600000 at competitive interest rates and repayment periods up to 48 months.

Product Overview
Personal Loans in UAE are offered to customers for a variety of reasons including education, travel, medical and many more.  There are two types of personal loans, one which requires a salary transfer and one which doesn’t. Loans are offered for a minimum period of 6 to a maximum of 48 months expats and 60 months for UAE Nationals. Most of the banks assign Loan APR (Annual Percentage Rate) based on the profile of the customer and his/her employer. A few banks use bureau score to assign interest rates. UAE loan APR rates range between from 5% to 35% in general.

If a customer borrows a loan of AED 70,000 and earns an income of AED 7,000. With a repayment period of 48 months, the EMI would be AED 1612 at an effective interest rate of 4.99% per annum. Total repayment that would have been paid at the completion of the loan would be AED 77,363. Please use Soulwallet’s Loans EMI Calculator for further simulations.

Documents Required

  1. A copy of a valid passport, visa and Emirates ID, and you must also present the originals
  2. Present bank statements for the last six months showing salary credits (if your salary is not credited to a FAB account)
  3. Prepare a salary certificate addressed to First Abu Dhabi Bank
  4. Complete the application form

Joining Offers



  • You have a minimum monthly income of AED 15,000
  • You have completed a minimum of 18 months service with your current employer
  • You have an acceptable Credit Bureau Score
  • You are 21 years of age or older
  • You are a UAE resident with a valid visa

Detailed Features

  • Get high loan amounts of up to AED 600,000 with flexible payment terms of up to 48 months
  • Enjoy best-in-class rates starting from 14.99%* fixed per year
  • A salary transfer to a FAB account is not required, and you can pay your instalments from the bank account into which you receive your salary each month
  • A personal loan is available even if your employer is not on FAB’s Approved List of Employers
  • Benefit from comprehensive life insurance coverage

*All interest rates quoted are effective rates on the loan’s outstanding balance.

*Rates shown are minimum available and may vary depending on income, credit bureau score, and lender’s approval criteria.

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