Get the personal loan you need without having to transfer your salary.
Features - Enjoy great rates & flexibility
High personal loan amounts of up to AED one million with flexible payment terms of up to 48 months (or up to 60 months for Ministry of Defence employees)
Lowest-in-class rates starting from 8.99%* fixed per year
A salary transfer to a FAB account is not required, and you can pay your instalments from the bank account into which you receive your salary each month
A personal loan is available even if your employer is not on FAB’s Approved List of Employers
Comprehensive life insurance coverage
Eligibility - Here's how you qualify
A minimum monthly income of AED 15,000
Acceptable Credit Bureau Score
A minimum of 18 months service with your current employer
Applicants must be 21+ years old
Required Documents - This is what we'll need
Copy of a valid passport/Emirates ID (originals must also be presented)
Bank statements for the last six months showing salary credits (if salary is not credited to a FAB account)
Salary certificate addressed to FAB
Signed and completed application
*Terms and conditions apply.
*All interest rates quoted are effective rates on the loan’s outstanding balance.
*Rates shown are minimum available and may vary depending on income, credit bureau score, and lender’s approval criteria.