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 |
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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 |
Features - Enjoy great rates & flexibility
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
Get in touch
Need more help?
Contact us anytime for further assistance or check out our FAQ page for more information.
For customers within the UAE | For customers outside of the UAE | ||
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600 52 5500 | +971 2 681 1511 |