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Elite Car Loan

Accelerate Your Ambition with the Elite Car Loan

Warning

  • You may have to pay penalties if you pay off a loan/financing early
  • If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
  • Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit

For those who view cars not as mere vehicles, but as masterpieces of craftsmanship, the Elite Car Loan is your key to owning automotive legends. Whether it’s a rare vintage collectible, a limited-edition hyper car, or a luxury cruiser engineered to your specifications, we finance ambition as refined as your taste. Also, enjoy a host of benefits, like a low interest rate, zero processing fees, up to AED 1.5 million or up to 80% of the car’s value, and up 3-month grace period before the first instalment.

The Golden opportunity to Distinction


Every Elite Car Loan grants you exclusive chances to win 1.5 KG of Pure Gold—a prize as rare and enduring as the vehicles you collect.

Segment With multi product package (with a salary transfer to your FAB account and holding a credit card from FAB) With a salary transfer to your FAB account without holding a FAB credit card Gold Draw* Processing fees** Loan Amount Grace Period
UAE Nationals Starting from 2.15% (equivalent to a reducing rate of 4.10%) per year Starting from 3.19% (equivalent to a reducing rate of 5.98%) per year 3 lucky winners of up to 1.5 KG of Gold Zero processing fees Up to AED 1.5 million Up to 3 months
Expatriates Starting from 2.29% (equivalent to a reducing rate of 4.35%) per year Starting from 3.24% (equivalent to a reducing rate of 6.07%) per year 3 lucky winners of up to 1.5 KG of Gold Zero processing fees Up to AED 1.5 million Up to 3 months

*Campaign Terms and Conditions apply

**Applicable with a multi product package only

Terms and conditions apply.

*All interest rates quoted are effective rates on the loan’s outstanding balance.

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