Personal Loans for Salaried Expats in Abu Dhabi from FGB
Interest Rate: 13.2%
Tenor: Maximum period of 48 months
Eligibility: Minimum salary of AED 5,000
Maximum loan amount: Up to AED 200,000
Processing fee: 1% of loan amount with a minimum of AED 500 and maximum of AED 2500
Late payment fee: 2% of the delayed amount, minimum being AED 50 and maximum AED 200
Deferment of installment: AED 100 per deferment
Credit Life Insurance: 1% - 1.5% of the total loan amount
Salary transfer: Not needed
Early settlement fee: 1% of the outstanding amount
Partial payment: 1% of the partial payment amount
Loan rescheduling fee: AED 250
Liability letter fee: AED 100
FGB Personal Loans for Salaried Expats in Abu Dhabi
If you are a salaried expatriate residing in the UAE and want to meet an urgent financial commitment or simply take a vacation with your family, all you need to do is seek a personal loan from FGB. Whatever be your requirement, First Gulf bank (FGB) helps you in realizing your dreams, small or big, by offering personal loans at reasonable rates of interest and easing any adverse situation smoothly.
FGB has certain requirements fulfilment of which would make you eligible for a personal loan. They are:
You should be employed in a Government, Semi-Government or a reputed private organization
You need to be over 21 years of age
Must have a valid passport and UAE Visa
A comprehensive insurance cover and quick approval with minimum documentation are the special features of this non-salary transfer loan in Abu Dhabi.
FGB Personal Loans in Abu Dhabi
First Gulf Bank or FGB is a public-owned bank with its headquarters in Abu Dhabi, UAE. It was started in 1979 in Ajman for primarily providing top notch financial services with a large network of branches across all the Emirates such as Dubai, Abu Dhabi, Sharjah, Ajman etc. FGB is at present one of the fastest growing banks in the Middle East. It has world-wide operations too. It also goes by the Arabic name Bank Al Khaleej Al Awal within the UAE.
Abu Dhabi – Promising growth
while its population is on the increase. The current population in Abu Dhabi is 1 million and the Emirate attracts more visitors by the year and is gaining popularity as a great business hub. Abu Dhabi Media, also called the ADM, is the official government media organization in the Emirate.
To avail of a personal loan from First Gulf Bank for salaried expats in Abu Dhabi, fill up the form on this page and our representative will contact you soon.