FAB Personal Loans are now 100% digital1
Apply instantly for a FAB Personal Loan. Enjoy a complete digital journey, zero branch visits, and approval within minutes2.
Unlock your goals with a digital FAB Personal Loan, designed to get you funded quickly without the paperwork or the wait.
Experience a seamless digital journey with upfront loan calculators and live, real-time status tracking directly on the FAB Mobile app.
| Segment | Interest rate starting from* | Loan Amount | Grace Period |
|---|---|---|---|
| UAE Nationals | 4.79% fixed per year | Up to 5 million | Up to 365 days |
| Expatriates | 5.74% fixed per year | Up to 2 million | Up to 120 days |
*All interest rates quoted are effective rates on the loan’s outstanding balance.
A minimum monthly salary of 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
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- 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
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**Only Salary Transfer Letter / salary certificate addressed to FAB will be required in case of Digital applications.
Let’s make more possible. Top up your existing personal loan today.
Log in to the FAB app to check your eligibility and apply instantly! Click here & apply now.
- Apply in a few taps
- Flexible payments
- No paperwork or branch visits
1 You may also apply for a personal loan manually using the form below.
2 Subject to eligibility and verification.
Indicative Personal Loan EMI Calculator
Calculate your monthly instalment by entering your income and expenses for each category. Our Personal Loan EMI Calculator will do the rest.
My monthly salary
I need to borrow
And Pay it back (periods range from 6-60 months)
Annual interest rates from 4.70% - 12.75%
Monthly repayment
0
Total repayable
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Additional one-time upfront processing fee of 1.05% will apply on the loan amount (minimum 525 and maximum 2,625). A life insurance fee may apply. For further information on fees and charges, please refer to the service and price guide.
Monthly repayment
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Total repayable
0
* Please note that this is just an estimate calculator based on given amounts
Additional one-time upfront processing fee of 1.05% will apply on the loan amount (minimum 525 and maximum 2,625). A life insurance fee may apply. For further information on fees and charges, please refer to the service and price guide.
SCAN TO DOWNLOAD
Apply via the FAB Mobile app
Access FAB Personal Loans through the FAB Mobile app for a fast, 100% digital journey1.
Not a FAB customer yet?
- Download the FAB Mobile app and sign up.
- Navigate to Menu (top-right) > Products > Personal Loans.
- Complete your details online to receive your approval in minutes.
Request a Callback
Be mindful of the following
- 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.
- Interest rates for UAE Nationals – Starting from 4.79% to 13.99%. Interest rates for Expatriates – Starting from 5.74% to 13.99%. The applicable interest rate depends on various factors such as income, employment status, type of loan, credit score, and an affordability assessment conducted by the bank. The interest rate may differ from the advertised representative rate. The interest rates mentioned apply only to customers who are employed with FAB's approved list of employers.
- Illustrative example: If the loan amount is 250,000 at a fixed interest rate of 3.99% for a tenor of 48 months and opt for a first instalment grace period of 90 days, the indicative Equated Monthly Instalment (EMI) will be 5,681.46. The total interest payable on the loan will be 22,710.08. The total interest may be higher if you opt for an instalment deferment or miss any payments which may extend the duration of your loan or increase your final repayment instalments.
- Minimum loan tenor is 6 months, and the maximum is 48 months. (60 months for UAE Nationals employed with Ministry of Defence).
- Processing fees for FAB Personal Loan is 1.05% of the principal loan amount (one-time payment) subject to a minimum of 525 and maximum of 2,625 (inclusive of VAT).
- Life insurance premium starts from 0.0169% of the monthly loan outstanding and is due monthly on the loan instalment due date, starting from the month of loan disbursal, irrespective of month when the first loan instalment is due and will be charged for the entire month, regardless of loan disbursal date. Life insurance monthly premium amount remains due even in case of deferral of the payment of monthly loan instalments. Failure to pay the monthly life insurance premium will impact your credit history with FAB and Al Etihad Credit Bureau. The Customer shall submit to the Bank all documents that the Bank may require and must inform the Bank of any change in the information provided at the time of making an initial request.
Need more help? Get in touch.
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 |