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Expat man availing FAB's Personal Loans

FAB Personal Loans for Expats

Unlock Your Financial Freedom with FAB Personal Loans. Whether you’re planning a big move, funding a new venture, or managing expenses, our personal loan offers high loan amounts, flexible repayment terms, and quick approval.

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

Key Features and Benefits

275 Days Grace Period

Grace period of up to 275 days for the first instalment

AED 2 Million Loan Amount

Loan up to AED 2 million

5.34% fixed rate

From 5.34% fixed rate per year

275 Days Grace Period

Grace period of up to 275 days for the first instalment

AED 2 Million Loan Amount

Loan up to AED 2 million

5.34% fixed rate

From 5.34% fixed rate per year

Achieve your financial goals with a FAB Personal Loan and enjoy market-leading interest rate starting from 5.34% per year.


Apply for Fab Personal Loan and enjoy a host of benefits like a flexible repayment solution, fast and easy approvals, and hassle-free documentation.


Personal Loans 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 credit card from fab
5.34% fixed per year 6.95% variable per year
Woman enjoying the advantages of FAB's Multi Product Package.

Other great benefits included with the Multi Product Package:


Up to AED 7,500 in FAB Rewards when you transfer your salary to your FAB account with holding a credit card from FAB.

Personal Loan Eligibility and Documents

  • Node Minus Alt
    A minimum monthly salary of AED 7,000
  • OR
  • Node Minus Alt
    Employed with a governmental, semi-governmental or legitimate private organisation
  • OR
  • Node Minus Alt
    Applicants must be 21+ years old
  • OR
  • Node Minus Alt
    Completed a minimum of 6 months service or confirmed in employment with your current employer
  • OR

Top up your existing personal loan:


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.

  • Node Minus Alt
    Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
  • OR
  • Node Minus Alt
    Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
  • OR
  • Node Minus Alt
    Salary transfer letter/salary certificate addressed to FAB
  • OR
  • Node Minus Alt
    Liability letter or a clearance letter (in case of buyout loans)
  • OR
  • Node Minus Alt
    Signed and completed application
  • OR
  • Node Minus Alt
    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
  • OR
  • Node Minus Alt
    This is a Variable Interest Rate Loan linked to Personal Loan Base Rate (PBR)
  • OR
  • Node Minus Alt
    The applicable rate may vary based on other factors including income, credit bureau score and approval criteria
  • OR
  • Node Minus Alt
    All interest rates quoted are effective rates on the outstanding loan balance
  • OR

Terms and conditions apply.

*All interest rates quoted are effective rates on the loan’s outstanding balance.

Indicative Personal Loan EMI Calculator

Calculate your monthly installment by entering your income and expenses for each category. Our Personal Loan EMI Calculator will do the rest.

My monthly salary
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I need to borrow
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And pay it back over
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Annual interest rate
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Monthly repayment
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Total repayable
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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.

Monthly repayment
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Total repayable
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* 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 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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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
600 52 5500 +971 2 681 1511