Personal Loan for Expats

Get high loan amounts at low interest rates for your next personal venture.

Features

• 90 day grace period until first repayment
• Most competitive rate in the market
• Loans of up to AED 2 million
• Flexible repayment terms
• Minimum documentation
• Fast-track approvals
• Comprehensive personal life insurance coverage
  
   

Eligibility

• Employed in a governmental, semi-governmental or reputable private organisation
• Applicant must be 21 years of age or above
• A minimum salary of AED 7,000

Required documents

• 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)
• Application completed and signed by the customer

Terms and conditions apply
This offer may be withdrawn or amended at any time at the bank’s discretion. This is a variable interest-rate loan and is subject to an introductory discount over the variable, which is only applicable for the first nine months. All Interest rates quoted are on reducing loan balance.
Loan amount will be based on individual customer eligibility.
Applicable to Buyout.