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 Lifeline - Revolving Overdraft

FAB Bank

WarningMessage This product is discontinued by the Bank

Lifeline - Revolving Overdraft

Minimum Salary

AED 2K

Reducing Rate

15%

Loan Amount

AED 50K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

minimum salary

AED 2K

Minimum Salary

reducing rate

15%

Reducing Rate

max finance

AED 50K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Features

  • Up to 2 months of monthly salary is provided as an overdraft
  • Must have a FAB Salary account to be eligible
  • Interest rates start from 15%
  • A minimum salary of AED 2000 is required
  • Maximum finance of AED 50,000 can be availed
  • Processing fees of AED 210 are charged

Benefits

  • Interest rates are charged only on the utilization of the credit
  • Can withdraw funds using a debit card

Frequently Asked Questions

⭐ What is the maximum finance amount provided for the applicant with salary AED 2000?

A. The applicant with monthly salary AED 2000 to AED 5999 will get maximum 1-month salary as finance.

⭐ What is the maximum finance amount provided for the applicant with a salary above AED 6000?

A. The applicant with a monthly salary more than AED 6000 will get maximum 2-months salary as finance.

⭐ How old the applicant must be to be eligible for the finance?

A. The applicant must be of at least 21 years old.

⭐ Are self-employed individuals eligible?

A. No. Only salaried individuals with FAB salary account are eligible to avail FAB revolving overdraft.

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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