Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
FAB National Loans Scheme (NLS...
|
FAB Personal Loan
|
|---|---|---|
| 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 | 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 | Minimum monthly salary AED 7,000; employed with a governmental, semi-governmental or reputable private organisation; age 21+; minimum 6 months service or confirmed employment; valid passport/ |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | — | 48 months — Stated: 'Minimum loan tenor is 6 months, and the maximum is 48 months. (60 months for UAE Nationals employed with Ministry of Defense).' The on-page calculator allows 6-60 months. |
| Tentative rate | — | — |
| Additional Benefits | — | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | — | — |
| Loan Amount | — | AED 5,000,000 — AED 5 million for UAE Nationals; AED 2 million for Expatriates. The page's own EMI calculator uses a 15,000-140,000 borrow range, which contradicts the headline figure. |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | — |
| Flat rate | — | — |