UAE 
*All interest rates quoted are effective rates on loan outstanding balance
First Abu Dhabi Bank
First Abu Dhabi Bank P.J.S.CGET - On the app Store
| 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 |
Personal loans up to AED 5 million for UAE nationals with flexible repayment terms of up to 48 months (or up to 60 months for employees of the Ministry of Defense)
Up to 150 days grace period before the first repayment
Competitive interest rates
Hassle-free documentation
Fast & easy approvals
Comprehensive personal life insurance coverage
A minimum monthly salary of AED 7,000
Employed with a governmental, semi-governmental or reputable private organisation
Applicants must be 21+ years old
Completed a minimum of 6 months service or confirmed in employment with your current employer
Criteria to be met for 3.79% variable rate:
- For customers taking new Personal Loans (who currently do not have an existing Personal Loan with FAB)
- Working in a company approved by FAB with their salary transferred to a FAB bank account with a minimum monthly salary of AED 15,000
- This is a Variable Interest Rate Loan and subject to an introductory discount over the variable rate, which is only applicable for the first nine months
- The applicable rate may vary based on other factors including income, credit bureau score and approval criteria
- All interest rates quoted are effective rates on the outstanding loan balance
Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
Salary transfer letter/salary certificate addressed to FAB
Liability letter or a clearance letter (in case of buyout loans)
Signed and completed application
Additional one-time upfront processing fee of 1.05% will apply on the loan amount (minimum AED 525 and maximum AED 2,625). A life insurance fee may apply. For further information on fees and charges, please refer to the service and price guide.
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We are currently experiencing higher call volumes than usual. We encourage you to use the FAB Mobile application and check our Frequently Asked Questions (FAQs) page.