Secured Loans
Min. salary
AED 10,000
Max. Amount
AED 5,000,000
Effective rate
3%
Get a secured loan against your fixed deposits with FAB. If you have a fixed deposit with FAB, then you can secure a personal loan against its value to help you achieve your financial goals sooner
Salary Transfer
Required
Minimum Tenure
6 months
Maximum Tenure
48 month
Early settlement
1.00%
Apply online now
Fill in your details and our expert advisor will contact you soon.
Features
- Generous loan amounts of up to AED 5 million, or 95% of the fixed deposit amount for UAE nationals and expats
- Flexible repayment terms of up to 48 months to repay through your FAB account
- Attractive Interest Rates
Documents Required
- Salary Certificate
- Pledge on Fixed Deposit held with FAB
- Application form duly filled & signed by customer
- Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
Eligibility
- Minimum salary of AED 10,000 is required
- Both UAE Nationals and Expats are eligible
- Self-employed and salaried individuals are eligible