FAB
Non-listed Company Personal Loan for UAE Nationals

Salary Transfer Required?

yes

Minimum Monthly Salary

AED 10000

Fixed Rate

8.99%

Reducing Rate

Max Loan Amount

AED 500000

Salary Transfer Required? yes

Minimum Monthly Salary AED 10,0000

Fixed Rate 8.99%

Reducing Rate 0%

Max Loan Amount AED 500,0000

Top Reasons To Choose

Attractive interest rate of 4.86% fixed per year
Employer does not have to be a FAB listed company
Up to 60 months repayment for MOD employees
Loan amounts of up to AED 500,000

A personal loan designed for employees of non-listed companies.

Documents Required

Copy of a valid passport/Emirates ID (originals must also be presented)
Bank statements for the last 3 months showing salary credits (if salary is not credited to a FAB account)
Salary transfer letter/salary certificate addressed to FAB
Signed and completed application

Joining Offers

Eligibility

A minimum monthly income of AED 10,000
Acceptable Credit Bureau score
You have completed a minimum of 6 months service with your current employer
Applicants must be 21+ years old

Detailed Features

- Low interest rate of 8.99% fixed per year

- Maximum loan amount of up to AED 500,000

- Up to 48 months repayment period (up to 60 months for Ministry of Defence employees)

- Employer does not have to be a FAB listed company

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