First Abu Dhabi Bank Personal Loan for UAE Nationals

Minimum Salary
7.000,00 د.إ

Flat Rate
AED 2.64%

Reducing Rate
4.99 %

Maximum Term
4 Years

Monthly Payment
AED 1,887

Description

Whether it’s for a new home, travels aboard or a wedding, our personal loans for UAE nationals are designed to meet the needs of all Emiratis.

Major Advantage: High finance amount

Major Benefit:

Minimum Salary Requirement: AED 7,000

Reducing Rate (as advertised): From 4.99% p.a. (depends on profile of the customer)

Flat Rate: From 2.64% fixed per year (calculated as per 4 years calculation)

Processing Fees: 1.05% of the finance amount (Min AED 525, Max AED 2,625)

Maximum Finance Amount: AED 5,000,000

Islamic Finance: No

Maximum Term: 48 Months (or up to 60 months for employees of the Ministry of Defense)

Salary Transfer: Compulsory

Early Settlement Fees: 1.05% of outstanding amount

Insurance: 1% of the finance amount

Salaried/Self Employed: Only Salaried can apply

All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
Reducing rate is converted into Flat rate as per 4 years calculation.
Terms and conditions apply.