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Security is the key

Receive a Secured Loan against your fixed deposits
and put your financial goals within reach.

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

AED 7,000

Minimum monthly salary

AED 5 million

Borrow up to AED 5 million

Attractive rates

Attractive interest rates

AED 7,000

Minimum monthly salary

AED 5 million

Borrow up to AED 5 million

Attractive rates

Attractive interest rates

Features - Enjoy great rates & flexibility

Loans of up to Arab Emirate Dirhams (AED) 5 million, or 95% of the fixed deposit amount for UAE nationals and expats

Flexible repayment terms of up to 48 months to repay through your FAB account

Interest Rate*: Fixed Deposit Rate + 2% per year with a minimum rate as applicable. (Fixed Rate)

  • Node Minus Alt
    A Fixed Deposit held with FAB
  • OR
  • Node Minus Alt
    Fixed deposit will be held as security for the loan
  • OR
  • Node Minus Alt
    The loan tenor must align with the fixed deposit term
  • OR
  • Node Minus Alt
    Pledge on fixed deposit held with FAB
  • OR
  • Node Minus Alt
    Signed and completed application
  • OR
  • Node Minus Alt
    Copy of a valid passport/resident visa/Emirates ID(Originals must also be presented)
  • OR

Terms and conditions apply.

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

Indicative Personal Loan Calculator

Enter your monthly income and expenses for each category, and the Loan Calculator will estimate the monthly EMI amount.

I am a UAE National
I am an employee of Ministry of Defense
My monthly Salary is
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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
AED
0
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
AED
0
Total repayable
AED
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 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