Check Eligibility for FGB
Personal Loan

You are eligible to apply for a FGB
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a FGB Personal Loan .

Click here to check loans from other banks.

FGB Personal Loan Calculator

Personal Loan Provided By FGB Bank

FGB Personal Loan Details
Minimum Salary AED 5000 - AED 10000 per month (depends on the nationality and type of loan)
Interest Rates Flat rate: 2.76% - 11.02% | Reducing rate: 5% - 20%
Maximum Loan Amount AED 200K - AED 4500K(depends on the nationality and type of loan)
Early Settlement Fees 1% of the outstanding amount
Arrangement Fees 1% of the approved loan amount
Tenure 48 months
Age 21 - 60 years(Expats) & 65 years(UAE Nationals)

Features of FGB Personal Loan

FGB's personal loans are designed especially to meet the borrowing requirements of both UAE nationals and expats.

Some of the common features of FGB personal loans are:

  • Attractive loan amounts
  • Competitive interest rates
  • Minimum documentation
  • Fast track approval

Eligibility Criteria of FGB Personal Loan

  • Employed in Government, Semi Government or a reputable private organization
  • Minimum monthly income of AED 5000-10,000
  • 21 years of age or above.

Documents Required of FGB Personal Loan

  • Passport and residence visa
  • Emirates ID
  • 1 months bank statements showing salary credits
  • Salary certificate letter addressed to FGB

FGB Bank Personal Loan Interest rates

first-gulf-bank Bank

4 Personal Loan Provided By FGB Bank

Personal Loans for UAE Nationals

Minimum Salary

AED 10K

Flat Rate

2.76%

Reducing Rate

5%

Loan Amount

AED 4500K

Early Settlement Fee

1%

Arrangement Fee

1%

AED 10K

Minimum Salary

2.76%

Flat Rate

5%

Reducing Rate

AED 4500K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

Personal Loan for Expats

Minimum Salary

AED 5K

Flat Rate

3.17%

Reducing Rate

5.75%

Loan Amount

AED 200K

Early Settlement Fee

1%

Arrangement Fee

1%

AED 5K

Minimum Salary

3.17%

Flat Rate

5.75%

Reducing Rate

AED 200K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

Personal Debt Consolidation Loan for UAE Nationals

Minimum Salary

AED 10K

Flat Rate

3.31%

Reducing Rate

6%

Loan Amount

AED 4500K

Early Settlement Fee

1%

Arrangement Fee

1%

AED 10K

Minimum Salary

3.31%

Flat Rate

6%

Reducing Rate

AED 4500K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

Personal Installment Loan

Minimum Salary

AED 5K

Flat Rate

11.02%

Reducing Rate

20%

Loan Amount

AED 200K

Early Settlement Fee

1%

Arrangement Fee

1%

AED 5K

Minimum Salary

11.02%

Flat Rate

20%

Reducing Rate

AED 200K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

Frequently Asked Questions

Q. Is there any facility of loan deferment available with FGB?

A. Yes, loan deferment facility is available with a payment of AED 100.

Q. Will my loan application get rejected if I don’t meet the salary requirement mentioned for loan?

A. Yes, your salary should meet the requirement specified by the bank to get your loan application approved.

Q. What's the fees charged for liability letter?

A. A fees of AED 100 is charged for liability letter.

Q. Is passport mandatory for documentation?

A. Yes. Passport is mandatory for documentation of this loan.

Q. What's the fees for late payment of the loan?

A. Its 2% of late payment amount.

Q. What's the processing fees charged?

A. The processing fees charged is 1% of the loan amount.

Q. Who can apply for this loan?

A. Employees of government, semi government and private organizations are eligible for this loan.

Q. What are the benefits I can attain on personal loan for UAE Nationals?

A. Loan applicants can get up to 4,500,000 AED loan amount, documentation is easy and salary requirement is less.

Q. What are the other personal loans provided for UAE Residents?

A. Other than FGB, you can check various personal loan in UAEhere.

About FGB Bank

First Gulf Bank (FGB) was established in 1979 to offer all sorts of financial services to consumers and business houses by creating an extensive network of relationship managers and branches. FGB is known for its high-end commitment in maximizing value for customers, employees, and shareholders. It focuses exclusively on delivering banking products and services as per client's requirements that also support the UAE’s dynamic economy.

Check Eligibility for FGB
Personal Loan

You are eligible to apply for a FGB
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a FGB Personal Loan .

Click here to check loans from other banks.

FGB Personal Loan Calculator