Security is the key
Receive a Secured Loan against your fixed deposits
and put your financial goals within reach.
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 - Enjoy great rates & flexibility
Eligibility - Here's how you qualify
Criteria to be met for the applicable variable rate
A Fixed Deposit held with FAB- Fixed deposit will be held as security for the loan
- Rate applicable is Fixed Deposit Rate + 2%, subject to floor rate 2.49%
- This is a Variable Interest Rate Loan
OR
OR
OR
OR
- Pledge on fixed deposit held with FAB
- Signed and completed application
- Copy of a valid passport/resident visa/Emirates ID(Originals must also be presented)
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 a UAE National
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.
| 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 | ||
|---|---|---|---|
|
+971 2 681 1511 | |
+971 2 499 6279 |