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FAB Personal Loans for UAE Expats

FAB Personal Loans for UAE Expats

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

No

FIXED RATE

8.39%

MONTHLY SALARY

AED 15,000

REDUCING RATE

14.99%

  • 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

Salary Transfer Required?

No

Minimum Monthly Salary

AED 15,000

Fixed Rate

8.39%

Reducing Rate

14.99%

Max Loan Amount

600,000

Key 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
  • Flexible repayment terms
  • Minimum documentation
  • Fast-track approvals

 

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

FAB Buyout Loans

FAB Buyout Loans

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FIXED RATE

4.08%

MONTHLY SALARY

AED 5,000

REDUCING RATE

7.40%

  • Competitive interest rates
  • High loan amounts

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 5,000

Fixed Rate

4.08%

Reducing Rate

7.40%

Max Loan Amount

5,000,000

Key Features

  • Competitive interest rates starting from as low as 7.40% p.a.
  • High loan amounts of up to AED 5 million for UAE nationals
  • Flexible repayment terms of up to 48 months (60 months for Ministry of Defense employees)