Stay Safe Online! Soulwallet never asks for any payments or personal documents. Report any suspicious activities to the UAE cybercrime authorities.

Please fill in the details to receive a call back with more details

+971
FAB Personal Loans for UAE Expats

FAB Personal Loans for UAE Expats

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

No

FIXED RATE

8.39%

MONTHLY SALARY

AED 15,000

REDUCING RATE

14.99%

  • Attractive loan amounts up to AED 600,000
  • Interest rates starts from 14.99% variable per year
  • Minimum documentation
  • Employer need not be on the FAB approved list
  • Comprehensive Life Insurance coverage

Salary Transfer Required?

No

Minimum Monthly Salary

AED 15,000

Fixed Rate

8.39%

Reducing Rate

14.99%

Max Loan Amount

600,000

Key Features

  • Get high loan amounts of up to AED 600,000 with flexible payment terms of up to 48 months
  • Enjoy best-in-class rates starting from 14.99%* 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
  • Benefit from comprehensive life insurance coverage
  • Flexible repayment terms
  • Minimum documentation
  • Fast-track approvals

 

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

FAB Buyout Loans

FAB Buyout Loans

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FIXED RATE

4.08%

MONTHLY SALARY

AED 5,000

REDUCING RATE

7.40%

  • Competitive interest rates
  • High loan amounts

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 5,000

Fixed Rate

4.08%

Reducing Rate

7.40%

Max Loan Amount

5,000,000

Key Features

  • Competitive interest rates starting from as low as 7.40% p.a.
  • High loan amounts of up to AED 5 million for UAE nationals
  • Flexible repayment terms of up to 48 months (60 months for Ministry of Defense employees)
FAB Personal Loans for Expats

FAB Personal Loans for Expats

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

No

FIXED RATE

5.44 %

MONTHLY SALARY

AED 7,000

Variable Rate

7.20 %

  • Attractive loan amounts up to AED 2000,000
  • Interest rates starts from 5.44% fixed rate per year
  • 120 days grace period
  • Comprehensive Life Insurance coverage

Salary Transfer Required?

No

Minimum Monthly Salary

AED 7,000

Fixed Rate

5.44 %

Reducing Rate

7.20 %

Max Loan Amount

2,000,000

Key Features

  • Get high loan amounts of up to AED 2,000,000 with flexible payment terms of up to 48 months
  • Enjoy best-in-class rates starting from
    • 5.44% Fixed per year -With multi product package (with a salary transfer to your fab account and holding a credit card from FAB)
    • 7.20% Variable per year - With a salary transfer to your FAB account without holding a credit card from FAB
  • A salary transfer to a FAB account is required
  • Benefit from comprehensive life insurance coverage

Things To Be Aware Of

  • Minimum monthly income of AED 10,000 is required
FAB Personal Loan For UAE Nationals

FAB Personal Loan For UAE Nationals

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FIXED RATE

4.70 %

MONTHLY SALARY

AED 7,000

Variable Rate

6.20 %

  • Attractive loan amounts up to AED 5,000,000
  • Interest rates starts from 4.70% fixed rate per year
  • Up to 210 days grace period before first installment
  • Comprehensive Life Insurance coverage

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 7,000

Fixed Rate

4.70 %

Reducing Rate

6.20 %

Max Loan Amount

5,000,000

Key Features

      • Get high loan amounts of up to AED 5,000,000 with flexible payment terms of up to 48 months
      • A salary transfer to a FAB account is required
      • Benefit from comprehensive life insurance coverage
      • Enjoy best-in-class rates starting from
        • 4.70% Fixed rate per yea r- With multi product package (with a salary transfer to your FAB account and holding a credit card from FAB)
        • 6.20% Variable rate per year - With a salary transfer to your FAB account without holding a FAB credit card
Non-listed Company Personal Finance for Expats

Non-listed Company Personal Finance for Expats

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FLAT RATE

6.60 %

MONTHLY SALARY

AED 10,000

REDUCING RATE

11.99 %

  • Loans up to AED 500,000
  • Low interest rate from 6.60% per year for expats
  • Employer does not have to be a FAB listed company

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 10,000

Fixed Rate

6.60 %

Reducing Rate

11.99 %

Max Loan Amount

500,000

Key Features

  • High finance amounts of up to AED 500,000 with flexible payment terms of up to 48 months
  • Best-in-class profit rates starting from 6.60% per year (equivalent to a reducing balance rate of 11.99%* per year)
  • Personal finance is available even if your employer is not on FAB Islamic’s Approved List of Employers

    *All profit rates quoted are effective rates on the finance’s outstanding balance.

Non-listed Company Personal Finance for UAE Nationals

Non-listed Company Personal Finance for UAE Nationals

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FLAT RATE

4.86 %

MONTHLY SALARY

AED 10,000

REDUCING RATE

8.99 %

  • Loans up to AED 500,000
  • Low interest rate from 4.86% per year
  • Employer does not have to be a FAB listed company

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 10,000

Fixed Rate

4.86 %

Reducing Rate

8.99 %

Max Loan Amount

500,000

Key Features

  • High finance amounts of up to AED 500,000 with flexible payment terms of up to 48 months
  • Best-in-class profit rates starting from 4.86% per year (equivalent to a reducing balance rate of 8.99%* per year)
  • Personal finance is available even if your employer is not on FAB Islamic’s Approved List of Employers

*All profit rates quoted are effective rates on the finance’s outstanding balance.

Things To Be Aware Of

  • Minimum monthly income of AED 10,000 is required