FAB Debt Consolidation loan

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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 information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website 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. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.

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FAB Bank

Debt Consolidation loan

Minimum Salary

AED 10K

Flat Rate

5.12%

Reducing Rate

9.29%

Loan Amount

AED 5000K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

Apply Now
minimum salary

AED 10K

Minimum Salary

flat rate

5.12%

Flat Rate

reducing rate

9.29%

Reducing Rate

max finance

AED 5000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Apply Now

View details on bank page

Features

  • Only UAE Nationals can apply for this loan
  • The loan is provided for an interest rate of 9.29%
  • Minimum salary of AED 10,000 is required
  • It is mandatory to transfer your salary
  • Finance up to AED 5,000,000
  • Early settlement fee is 1.05% of finance amount
  • The arrangement fee is 1.05% of the loan amount

Benefits

  • High finance amount is provided
  • Documentation is simple and easy
  • Up to 144 months repayment period is provided

Frequently Asked Questions

⭐ Do we need to provide a salary transfer letter?

A. Yes. Salary transfer letter is a mandatory document.

⭐ Can expats apply for this finance?

A. No, only salaried and self-employed UAE Nationals can apply for this finance.

⭐ How many months banks statements do I need to provide?

A. 6 months bank statements of the account to which your monthly income is getting transferred to, should be submitted.

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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