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
210 Days Grace Period
Grace period of up to 210 days for the first instalment
AED 5 million
Loan up to AED 5 million
4.74% fixed rate
From 4.74% fixed rate per year
Get the chance to win a Rabdan One and prizes worth a grand total of AED 150,000 in FAB Rewards by simply applying for a FAB Personal Loan.
Apply for a FAB Personal Loan or an additional loan, top up your existing loan, or move your loan to FAB for a chance to win the powerful and aerodynamic Rabdan One, the first UAE-made electric vehicle. Plus, you could be one of the 51 customers to win prizes worth a grand total of AED 150,000 in FAB Rewards.
Click here for the Terms and Conditions.
Interest rate
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 |
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4.74% 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.
- 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 5.95% 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
Top up your existing personal loan in a few easy steps! Click here to check your eligibility and apply instantly on the FAB Mobile app! Conditions apply.
*All interest rates quoted are effective rates on the loan’s outstanding balance.
Indicative Loan Calculator
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 |