FAB Personal loan for Expats

fab Bank

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Personal loan for Expats

Minimum Salary

AED 7K

Flat Rate

3.17%

Reducing Rate

5.75%

Loan Amount

AED 2000K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

AED 7K

Minimum Salary

3.17%

Flat Rate

5.75%

Reducing Rate

AED 2000K

Loan Amount

1.05%

Early Settlement Fee

1.05%

Arrangement Fee

Features

  • A minimum salary of AED 7000 is required
  • Salary transfer is required
  • Maximum loan amount of AED 2 Million is provided

Benefits

  • Quick approval
  • Hassle free documentation
  • Comprehensive personal life insurance coverage

Frequently Asked Questions

Q. Is there any fee for rescheduling of the loan in FAB?

A. Yes, for the given loan rescheduling fee is AED 262.5.

Q. Can I get a personal loan for business purpose in FAB?

A. Yes, you can get a personal loan for business purpose also.

Q. Do we need to provide proof of income to be eligible for a personal loan?

A. Yes, you need to provide a minimum of 3 months bank statements showing salary credits.

Q. Are there any processing fees even on the top up loans?

A. Yes, on top-up loans a processing fee of 1.05% of the loan amount is charged.

FAB

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