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
Achieve your financial goals with a FAB Personal Loan and enjoy our market-leading interest rate starting from 4.89% per year.
Get up to AED 5 million and take advantage of a 180-day grace period before the first instalment. Plus, you can enjoy a host of other benefits like a flexible repayment solution, fast and easy approvals, and hassle-free documentation.
| 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 | |
| Interest rate | 4.89% fixed per year | 5.95% variable per year |
Other great benefits included with the Multi Product Package:
Up to AED 10,000 in FAB Rewards when you transfer your salary to your FAB account while holding a FAB credit card.
Offer valid for UAE Nationals.
To know more about the Multi Product Package, click here.
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 a variable rate:
- Working in a company approved by FAB with their salary transferred to a FAB bank account with a minimum monthly salary of AED 7,000
- This is a Variable Interest Rate Loan linked to Personal Loan Base Rate (PBR)
- 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.
Can't find what you are looking for?
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.