First Abu Dhabi Bank Personal Loan
First Abu Dhabi Bank Personal Loan
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UAE Cash Loans
Average rating: 2 reviews
May 29, 2020
I felt the paperwork was less as compared to others. Happy I got the loan. Thank you!
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Get high loan amounts at low interest rates for your next personal venture with First Abu Dhabi Bank Personal Loan.
- 90 day grace period until first repayment
- Most competitive rate in the market
- Loans of up to AED 2 million
- Flexible repayment terms
- Minimum documentation
- Fast-track approvals
- Comprehensive personal life insurance coverage
- Minimum Salary Requirement: AED 7,000
- Available for Expats
- Reducing Rate Starting: 7.30%
- Arrangement fee 1.05% of the finance amount. A minimum of AED 525 to a max of AED 2625.
- Islamic Finance: No
- Maximum Term: 4 Years
- Salary Transfer: Yes
- 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 buyout loans)
- Application completed and signed by the customer