FAB
Non Salary Transfer Personal Loans for Expats

1. A copy of a valid passport, visa and Emirates ID, and you must also present the originals
2. Present bank statements for the last six months showing salary credits (if your salary is not credited to a FAB account)
3. Prepare a salary certificate addressed to First Abu Dhabi Bank
4. Complete the application form

Apply for a FAB Personal 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

Eligibility

• You have a minimum monthly income of AED 15,000
• You have completed a minimum of 18 months service with your current employer
• You have an acceptable Credit Bureau Score
• You are 21 years of age or older
• You are a UAE resident with a valid visa

• Get high loan amounts of up to AED 800,000 with flexible payment terms of up to 48 months
• Enjoy market leading interest rates starting from 15.49% 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
• Benefit from comprehensive life insurance coverage

*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.

A Flat interest rate is calculated on the entire loan amount throughout the loan tenure. In this case, the interest rate or lending rate is fixedf for the duration of the loan and will be calculated at the start of the loan.

Interest accrual on each installment= (Loan principal x Loan tenor x  interest rate per annum)/ total number of installments

A Reducing rate is calculated based on diminishing principal amount. Every month when you pay your EMI your principal reduces. Interest is calculated only on the reduced principal amount at the time of EMI Payment. 

Interest payable on each installment= Outstanding loan amount x interest rate applicable for each installment