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FAB Non-listed Company Personal Finance for UAE Nationals

FAB
Non-listed Company Personal Finance for UAE Nationals

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 10000
Fixed Rate
4.86%
Reducing Rate
8.99%
Max Loan Amount
AED 500000
Salary Transfer Required? yes
Minimum Monthly Salary AED 10,0000
Fixed Rate 4.86%
Reducing Rate 8.99%
Max Loan Amount AED 500,0000

Top Reasons To Choose

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

A personal finance designed for employees of non-listed companies.

Documents Required

  • 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 transfer letter/salary certificate addressed to FAB Islamic
  • Signed and completed application

Joining Offers

Eligibility

  • Minimum monthly income of AED 10,000
  • Minimum of 6 months service with current employer
  • Applicant should be 21 years of age or older
  • Acceptable Credit Bureau Score

Detailed 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.

Apply Now

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