Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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FAB New to Country/New to Employment Loans

FAB Bank

New to Country/New to Employment Loans

Minimum Salary

AED 10K

Flat Rate

12.75%

Reducing Rate

9.29%

Loan Amount

AED 600K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

minimum salary

AED 10K

Minimum Salary

flat rate

12.75%

Flat Rate

reducing rate

9.29%

Reducing Rate

max finance

AED 600K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

View details on bank page

Features

  • Interest rates starting from 12.75% per year
  • A minimum salary of AED 10,000 is required
  • Maximum finance of AED 600,000 is provided

Benefits

  • People new to UAE or new to employment are also eligible
  • Provides comprehensive life insurance coverage
  • Hassle free documentation
  • Quick approval

Frequently Asked Questions

⭐ Is salary certificate mandatory?

A. Yes. It is mandatory to provide the applicant’s salary certificate.

⭐ Do I need to transfer my salary to FAB?

A. Yes. The applicant must transfer their salary to FAB account.

⭐ Can I reschedule my loan?

A. Yes. Loan holders can reschedule their loan but AED 262.5 is charged as loan rescheduling fees.

FAB

First Abu Dhabi Bank (FAB) is one of the largest banking institutions established in 2017 and is a merger of NBAD and FGB. FAB offers tailor made solutions, products and services to the customers.The international network of FAB is spread over 5 continents providing global relationships, expertise and financial strength to local and international business. FAB offers its diversifying services by having differentiation, agility and innovation as their main motto and vision

   Get in touch with FAB Customer Care

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