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Get special rates on a FAB auto loan

Low Interest rates

Starting from 2.15%
(equivalent to a reducing rate of 4.10%)

 7,000

Minimum monthly salary

Loans up to  1.5 million

For new & pre-owned cars

Low Interest rates

Starting from 2.15%
(equivalent to a reducing rate of 4.10%)

 7,000

Minimum monthly salary

Loans up to  1.5 million

For new & pre-owned cars

Turn your dream car into a reality with a FAB Car Loan.

Get up to  1.5 million or 80% of the car’s value and take advantage of a 90-day grace period before the first instalment. Loans are available for new and pre-owned vehicles.

Segment With Multi Product Packages (With a salary transfer to your FAB account with holding a credit card from FAB) With a salary transfer to your FAB account without holding a credit card from FAB
UAE Nationals 2.15% (equivalent to a reducing rate of 4.10%) per year 3.19% (equivalent to a reducing rate of 5.98%) per year
Expatriates 2.29% (equivalent to a reducing rate of 4.35%) per year 3.24% (equivalent to a reducing rate of 6.07%) per year

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

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