Top Personal Loans
FAB Secured Loans
- Provides loan against fixed deposits
- Long tenure is provided
- Both UAE Nationals and Expats can avail this loan
- Interest rates charged is 2.94% onwards
- Maximum finance provided is AED 5 Million
- Can pledge fixed deposit as collateral for a loan
- About 95% of the deposit amount is provided as maximum finance
- Competitive interest rates are charged
Frequently Asked Questions
Q. Are self-employed individuals eligible?
A. Yes, both salaried and self-employed individuals are eligible.
Q. What are the charges on insurance?
A. 1-1.50% of the loan amount is charged as insurance fees.
Q. Are there any late payment fees levied?
A. Yes, 2.10% of the installment amount is charged as late payment fees.
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