Skip to content
icn-search
  • ae UAE
Back to Loans

Car Loans

Finding the right car is only half the journey. It's important to get the right financing too, so you can always rest
easy on the road.


Put your finances into perspective with our various loan calculators


See what your loan has in store for you here.


View all loans calculators

Indicative Loan Calculator

Just enter your monthly income and expenses for each category and the calculator will do the rest.

AED
AED
Months
%

Representative example

Monthly repayment

Total repayable

FAB Logo
Loan Amount :
Interest Rate :
No Of Payments :

Car Loans for Self Employed Individuals

Embrace the road ahead with the FAB Car Loan for Self Employed Individuals.

  • Loan amount of up to AED 1.5 million or 80% of the car value
  • Rates starting 3.44% equivalent to 6.43% reducing rate per year
  • A minimum average balance of AED 25,000 for the last three months

Car Loans for Salaried Individuals

Own the car of your dreams with the FAB Car Loan for Salaried Individuals.

  • Loans of up to AED 1.5 million or 80% of the car value
  • Interest rates starting 3.19% (equivalent reducing rate of 5.98% per year)
  • Minimum monthly salary of AED 7,000

Etihad Guest Car Loan

Soar higher and earn miles with the Etihad Guest Car Loan.

  • Earn 350 Miles for every AED 20,000 borrowed
  • From 2.99% flat rate per year (equivalent to a 5.62% reducing rate)
  • Minimum monthly salary of AED 7,000

Explore a variety of loans to suit your needs


Take a look at some of our additional loan products and services. Learn more about finding the right loan you need.


Want to know more?


Here are some of your most frequently asked questions.


View all

The eligibility requirements will vary based on whether or not you are self-employed or a salaried employee. For employees, they should receive a minimum monthly salary of AED 7,000 and for those who are self-employed, they should have a monthly average balance of AED 25,000. More information on eligibility can be found here.
Yes. The minimum down payment required is 20% of the value of the car. Please reach out to a member of our team or learn more here.
You can receive a loan of up to AED 1.5 million or 80% of the car value (this varies depending on the individual auto loan application). You can use our handy Indicative Loan Calculator to get an idea of what your monthly installments may be.
The minimum salary requirement for an auto loan with FAB is AED 7,000 for salaried individuals, and AED 25,000 of 3 month average account balance for self-employed individuals.
The age of the vehicle should not be more than 8 years at time of maturity of the loan; however, for vehicles sold by key dealers like Al Tayer/Premier Motors, Al Habtoor, Abu Dhabi Motors etc, it can be up to 10 years at maturity of the loan.
Yes! FAB offers car loans for self-employed individuals. You can find all the details here.
Application processing fee of 1% of the loan amount is applicable.
Other charges include the interest component.
For used cars, a dealer valuation fees (payable to the valuator) may be applicable.
You can enjoy competitive interest rates on your car loan with FAB ranging from 1.99%* - 3.49% (flat rates) depending on the type of car, and internal bank policies.
*Flat rates are for illustration purposes, the applicable effective interest rates on car loan range between 3.79% to 6.51% per year.

Need Support?

We are here with you every step of the way. How would you like to connect with us?

 

 

Contact Centre


600 525 500

International Number


+971(2)6811511

Branch & ATM Locator


Find a branch

Logo

First Abu Dhabi Bank

First Abu Dhabi Bank P.J.S.C

GET - On the app Store

View