Personal Loan Provided By FAB
| FAB Personal Loan Details | |
|---|---|
| Minimum Salary | AED 2000 - AED 10000 per month (depends on the nationality and type of loan) |
| Profit Rates | Flat rate: 1.62% - 6% | Reducing rate: 2.94% - 15% |
| Maximum Loan Amount | AED 500K - AED 5000K(depends on the nationality and type of loan) |
| Early Settlement Fees | 1.05% of the outstanding amount |
| Arrangement Fees | 1.05% of the approved loan amount |
| Tenure | 48 months |
| Age | 21 - 60 years(Expats) & 65 years(UAE Nationals) |
Features of FAB Personal Loan
- High finance amount is provided
- Quick processing of loan
- Hassle free documentation
- Interest rates start from 1.62%
- Provides finance for people new to UAE/Employment also
Eligibility Criteria of FAB Personal Loan
- A minimum salary of AED 7000 is required
- Only UAE nationals and expats are eligible
Documents Required of FAB Personal Loan
- Valid passport
- Emirates ID
- 3-6 months bank statements are needed
- Salary transfer letter(depends on the loan type)
- Salary certificate(depends on loan type)
FAB Personal Loan Interest rates
8 Personal Loans Provided By FAB
Secured Loans
Personal loan for UAE Nationals
Buyout Loans
Personal loan for Expats
Lifeline - Revolving Overdraft
Etihad Guest Personal loan
Debt Consolidation loan
New to Country/New to Employment Loans