Personal Loans for Salaried UAE Nationals 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: No (Special offer if salary is transferred)
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
Personal Loans for Salaried UAE Nationals from FGB in Abu Dhabi
Whatever are your financial requirements, educational, entertainment or an emergency, First Gulf Bank extends a helping hand by way of personal loans provided you satisfy their eligibility criteria and comply with their documentation requirements. You can avail of a maximum amount of AED 200,000 as personal loan depending on your monthly income and other criteria such as:
Employment in a Government, Semi-Government or a private organization with repute
You should be over 21 years of age to be eligible for the loan
You need to hold a valid passport and visa to reside in Abu Dhabi
FGB requires very little documentation and sanctions your loan very quickly.
There is another unique offer from FGB for UAE Nationals. With a salary transfer account, you have the advantage of being offered a special loan at 5% to be repaid in 48 months provided you earn a minimum salary of AED 10,000. The same loan is applicable to all defence personnel at 5.9% for which the repayment period is 60 months.
PDC loan for UAE nationals from First Gulf Bank Abu Dhabi
FGB has seen a significant growth right from its humble beginning to the current international reputation it enjoys. Today, it is an outstanding financial organization with a customer-oriented approach and improved technology that have in turn enhanced the quality of its customer service.
FGB offers personal loans to both salaried expats and UAE nationals with the primary objective of improving their living standards while helping to develop the country’s economy.
Abu Dhabi – The Vibrant Capital City
Abu Dhabi is the capital and the second most populous city in the UAE. It is located on a T-shaped island jutting into the Persian Gulf from the central western coast. This city is the seat of the Government of the UAE where the Abu Dhabi Emiri family resides. The President of the United Arab Emirates is from the Emiri family.
If you are interested in applying for a loan from First Gulf Bank, fill up the form on this page and wait for a representative to get in touch with you soon.