What are the main advantages of the Non-listed Company Personal Loan FAB?
The advantages of the Non-listed Company Personal Loan FAB make it one of the most attractive financial solutions for employees of non-listed companies in the UAE. This loan offers a high borrowing limit of up to AED 500,000, allowing individuals to finance major expenses such as home renovations, education, medical bills, or debt consolidation.
With competitive fixed interest rates starting at 8.99% per annum for UAE nationals and 11.99% per annum for expatriates, borrowers can benefit from affordable repayment plans without unexpected fluctuations. Additionally, the flexible repayment period of up to 48 months ensures that monthly installments remain manageable, helping individuals maintain financial stability.
Unlike many personal loans that require employment with a listed company, FAB provides this exclusive financial opportunity for non-listed company employees, ensuring broader access to credit. Backed by First Abu Dhabi Bank (FAB), the UAE’s largest and most reputable financial institution, this loan offers a secure and trustworthy option with a quick and straightforward application process, making it a reliable choice for those seeking financial flexibility.
Who is eligible to apply for this loan?
To qualify for and advantages of the Non-listed Company Personal Loan FAB, applicants must meet the following criteria:
✔ Minimum Monthly Salary – AED 10,000 to ensure the ability to manage repayments.
✔ Employment Status – Must be employed by a non-listed company in the UAE.
✔ Age Requirement – Minimum of 21 years old at the time of application.
✔ Credit History – A good credit bureau score is required for loan approval.
✔ Employment Tenure – Applicants must have been employed for at least six months with their current employer.
These eligibility criteria ensure that borrowers have a stable income and financial security to meet their loan repayment obligations.
What are the fees and charges for this loan?
Understanding the fees associated with the Non-listed Company Personal Loan FAB is crucial before applying. Below are the key charges:
✔ Processing Fee – A one-time upfront fee of 1.05% of the loan amount (minimum AED 525 and maximum AED 2,625).
✔ Life Insurance Fee – May apply; refer to FAB’s service and price guide for exact details.
A word of advice for you!
Before applying for the Non-listed Company Personal Loan FAB, it’s essential to carefully evaluate your financial situation and ensure that taking on a loan is the right decision for you. While the advantages of the Non-listed Company Personal Loan FAB make it a great choice, it is still a financial commitment that requires responsible planning.
A personal loan should be used wisely, whether for investments, education, medical expenses, or urgent needs. Always consider your income stability, other financial obligations, and monthly repayment capacity before applying. Over-borrowing can lead to financial strain, so it’s best to only take out a loan when necessary and when you have a solid repayment plan in place.
A well-managed personal loan can help improve your credit score and open doors to better financial opportunities in the future. Take the time to review your financial goals and determine if this FAB personal loan is the best option for you.
Click and apply for the Non-listed Company Personal Loan FAB today!
If you’re ready to experience the advantages of the Non-listed Company Personal Loan FAB, now is the perfect time to apply. This loan offers high borrowing limits, competitive interest rates, and flexible repayment terms, making it an excellent financial solution for employees of non-listed companies in the UAE.
With a quick and hassle-free application process, you can secure the funds you need with the trusted backing of First Abu Dhabi Bank (FAB). Click to apply now and take advantage of this exclusive opportunity to achieve your financial goals.