Special Loans for UAE Nationals
Personal loans for
Emiratis of up to AED 5 million
Warning
- You may have to pay penalties if you pay off a loan/financing early
- If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
- Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more In interest/profit
AED 7,000
Minimun Monthly Salary
AED 5 million
Loan up to AED 5 million
4.89% fixed rate
From 4.89% fixed rate per year
Achieve your financial goals with a FAB Personal Loan and enjoy our market-leading interest rate starting from 4.89% per year.
Get up to AED 5 million and take advantage of a 210-day grace period before the first instalment. Plus, you can enjoy a host of other benefits like a flexible repayment solution, fast and easy approvals, and hassle-free documentation.
| With multi product package (with a salary transfer to your FAB account and holding a credit card from FAB) | With a salary transfer to your FAB account without holding a FAB credit card | |
|---|---|---|
| Interest rate | 4.89% fixed per year | 5.95% variable per year |
Other great benefits included with the Multi Product Package:
Up to AED 10,000 in FAB Rewards when you transfer your salary to your FAB account while holding a FAB credit card.
Offer valid for UAE Nationals.
Eligibility - Here's how you qualify
A minimum monthly salary of AED 7,000- Employed with a governmental, semi-governmental or reputable private organisation
- Applicants must be 21+ years old
- Completed a minimum of 6 months service or confirmed in employment with your current employer
OR
OR
OR
OR
Criteria to be met for 5.95% variable rate:
- Working in a company approved by FAB with their salary transferred to a FAB bank account with a minimum monthly salary of AED 7,000
- This is a Variable Interest Rate Loan linked to Personal Loan Base Rate (PBR)
- The applicable rate may vary based on other factors including income, credit bureau score and approval criteria
- All interest rates quoted are effective rates on the outstanding loan balance
OR
OR
OR
OR
- 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)
- Signed and completed application
OR
OR
OR
OR
OR
*All interest rates quoted are effective rates on the loan’s outstanding balance.
Indicative Loan Calculator
Just enter your monthly income and expenses for each category and the calculator will do the rest.
I am an employee of Ministry of Defense
My monthly Salary is
I need to borrow
And pay it back over
Annual interest rate
Monthly repayment
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Total repayable
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Additional one-time upfront processing fee of 1.05% will apply on the loan amount (minimum AED 525 and maximum AED 2,625). A life insurance fee may apply. For further information on fees and charges, please refer to the service and price guide.
Monthly repayment
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Total repayable
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* Please note that this is just an estimate calculator based on given amounts
Additional one-time upfront processing fee of 1.05% will apply on the loan amount (minimum AED 525 and maximum AED 2,625). A life insurance fee may apply. For further information on fees and charges, please refer to the service and price guide.
Get in touch
Need more help?
Contact us anytime for further assistance or check out our FAQ page for more information.
| For customers within the UAE | For customers outside of the UAE | ||
|---|---|---|---|
 |
600 52 5500 | |
+971 2 681 1511 |