Personal Loan For UAE Nationals

Personal Loan For UAE Nationals

Min. salary
AED 7,000
Max. Amount
AED 5,000,000
Effective rate
4.99%
Whether it’s for a new home, travels aboard or a wedding, our personal loans for UAE nationals are designed to meet the needs of all Emiratis.
View Summary
Salary Transfer
Required
Minimum Tenure
6 months
Maximum Tenure
48 month
Early settlement
1.00%

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Features

  • Chance to win a Nissan Patrol – one entry with each additional AED 1000 borrowed (until 31 August 2020).
  • Personal loans up to AED 5 million for UAE nationals.
  • 50% off the processing Fee.
  • First instalment deferred for up to 90 days.

Documents Required

  • Copy of valid Passport / Emirates ID (Originals must also be presented)
  • 3 months bank statements showing salary credits (if salary not credited to FAB)
  • Salary Transfer Letter / Salary certificate addressed to FAB
  • Liability Letter or clearance letter (in case of Buyout Loans)
  • Application form duly filled & signed by customer

Eligibility

  • Minimum monthly income of AED 7,000
  • Employed at government, semi government or a reputable private organization
  • Applicant should be 21 years of age or above