• UAE Nationals:
  • 2.49%* (equivalent to a reducing rate of 5.74%*) per year- With Multi Product Package (with a salary transfer to a FAB Islamic savings account and Islamic credit card)
  • 3.29%* (equivalent to a reducing rate of 6.2%*) per year - With a salary transfer to a FAB Islamic savings account without an Islamic credit card
  • Loan amount upto AED 5 Million
  • 210 days grace period
• Expats:
  • 2.82%* (equivalent to a reducing rate of 5.34%*) per year- With Multi Product Package (with a salary transfer to a FAB Islamic savings account and Islamic credit card)
  • 3.85%* (equivalent to a reducing rate of 7.2%*) per year - With a salary transfer to a FAB Islamic savings account without an Islamic credit card
  • Loan amount upto AED 2 Million
  • 120 days grace period
  • Comprehensive personal life Takaful coverage
  • Flexible repayment terms of up to 48 months to repay through your FAB account

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.  

• 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