Personal Loans
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
Features
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
AED
0
Total repayable
AED
0
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
AED
0
Total repayable
AED
0
* 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.
Ready to apply?
TALK TO US
You can contact us with the contact below
We are currently experiencing higher call volumes than usual. We encourage you to use the FAB Mobile application and check our Frequently Asked Questions (FAQs) page.
View our Branches & ATMs| For customer calling from UAE | Ratibi Service from UAE | ||
|---|---|---|---|
 |
600 52 5500 | |
600 52 2298 |
| For customer calling from outside UAE | Ratibi Service from outside UAE | ||
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+971 2 681 1511 | |
+971 2 499 6279 |