FAB Personal Loan for UAE Expats

Top reasons to choose

With FAB personal loan get high loan amounts at low-interest rates for your next personal venture.

  • Attractive loan amounts up to AED 2 Million
  • Competitive interest rates
  • Minimum documentation
  • Fleximble repayment terms
  • Quick and seamless processing

Minimum Salary

AED 7000

Interest Rate

9.30% Reducing

Salary Transfer

Required

  • 90 day grace period until the first repayment
  • FAB personal loan have most competitive rate in the market
  • Loans of up to AED 2 million
  • Flexible repayment terms
  • Minimum documentation
  • Fast-track approvals
  • Comprehensive personal life insurance coverage
  • Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
  • Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
  • Salary transfer letter/salary certificate addressed to FAB
  • Liability letter or a clearance letter (in case of buyout loans)
  •  Application completed and signed by the customer

If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 452 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 AED22,104. The borrower would be paying AED 2104 as interest.

Please use Gulf Finance’s EMI Calculator for further details.

Processing Fee: 1.05% of the finance amount. A minimum of AED 525 to a max of AED 2625.

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    (Please do not apply if your Monthly Salary is less than AED 5000)

    FAB Personal Loan for UAE Expats

    Top reasons to choose

    With FAB personal loan get high loan amounts at low-interest rates for your next personal venture.

    • Attractive loan amounts up to AED 2 Million
    • Competitive interest rates
    • Minimum documentation
    • Fleximble repayment terms
    • Quick and seamless processing
    • 90 day grace period until the first repayment
    • FAB personal loan have most competitive rate in the market
    • Loans of up to AED 2 million
    • Flexible repayment terms
    • Minimum documentation
    • Fast-track approvals
    • Comprehensive personal life insurance coverage
    • Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
    • Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
    • Salary transfer letter/salary certificate addressed to FAB
    • Liability letter or a clearance letter (in case of buyout loans)
    •  Application completed and signed by the customer

    If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 452 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 AED22,104. The borrower would be paying AED 2104 as interest.

    Please use Soulwallet’s Loans EMI Calculator for further simulations.

    Processing Fee: 1.05% of the finance amount. A minimum of AED 525 to a max of AED 2625.