Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
FAB Elite Personal Loan
|
FAB National Loans Scheme (NLS...
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | — | — |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | — |
| Repayment tenure | — | — |
| Life insurance coverage | — | — |
| Financed Amount | — | — |
| Security Deposit | — | — |
| Minimum monthly income (Salary, ) | AED 7,000 | — |
| Eligibility | Available for UAE nationals and residents; minimum payment tenor 12 months; minimum age 21, maximum age 65 (UAE nationals) / 60 (non-UAE nationals); working in a FAB-approved company with sal | Central Bank of UAE debt-relief scheme for UAE Nationals only. Loan must have originated prior to May 2011 with remaining tenor over four years; Debt Burden Ratio greater than 50% (30% for pe |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | — | — |
| Tentative rate | — | — |
| Additional Benefits | — | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | — | — |
| Loan Amount | AED 5,000,000 — Up to AED 5 million for UAE Nationals; up to AED 2 million for Expatriates. | — |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | — |
| Flat rate | — | — |