UAE 
Limited time offer
For UAE Nationals
- Personal Finance profit rates starting from 3.02%* (equivalent to reducing rate of 5.70%*)
- Finance amounts up to AED 5 million
- First instalment grace period up to 150 days
For Expats
- Personal Finance profit rates starting from 3.57%* (equivalent to reducing rate of 6.70%*)
- Finance amounts up to AED 2 million
- First instalment grace period up to 90 days
Features
- 90-day grace period until your first payment
- Finance amounts of up to AED 2 million
- Minimum documentation
- Fast-track approvals
- Comprehensive personal life Takaful coverage
Eligibility
- Employed in a governmental, semi-governmental or reputable private organisation
- Applicant must be 21 years of age or above
- A minimum salary of AED 7,000
Required documents
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
- Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
- Salary transfer letter/salary certificate addressed to FAB
- Liability letter or a clearance letter (in case of liability settlement)
- Application completed and signed by the customer
Note: Additional documents may be required on a case-by-case basis
Terms and conditions apply.
Please refer to sample profit rate calculation below:
| Particulars | For UAE Nationals | For Expats |
|---|---|---|
| Finance Amount (AED) | 100,000 | 100,000 |
| Finance Period (months) | 48 | 48 |
| Profit Rate (Flat Rate) | 3.02% | 3.57% |
| Equivalent Reducing Rate | 3.99% | 4.99% |
| Number of days before first payment | 60 | 60 |
| Profit Amount (AED) | 8,704 | 10,952 |
| Total Amount Payable (AED) | 108,704 | 110,952 |
| Monthly Instalment (AED) | 2,264.66 | 2,311.51 |
One-time upfront processing fee of 1.05% will apply on the finance amount (minimum AED 525 and maximum AED 2,625). A life Takaful contribution may apply. For further information on fees and charges, please refer to the service and price guide.
*This offer may be withdrawn or amended at any time at the bank’s discretion.Features are subject to alteration/cancellation
All finances are subject to income and eligibility criteria
Eligibility criteria are subject to change from time-to-time
