Personal Loans for Salaried UAE Nationals in Sharjah 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 Sharjah

Facing an emergency financial situation? Worried about funding your child’s higher studies? Whatever be your need of the hour, FGB steps in to offer monetary assistance by way of personal loans. All you need to do is conform to their requirements to sanction a loan and you are good to go.
You are eligible for a FGB personal loan if:
you are over 21 years of age
you are employed in a Government, Semi-Government or a private organization with good standing
you have a valid passport and visa to reside in Sharjah
FGB requires very little documentation and sanctions your loan quickly.
There is a unique offer from FGB for UAE Nationals. If you have your salary transferred to FGB, you have the advantage of being sanctioned a special loan at 5% that can be repaid in 48 months provided your monthly salary is at least AED 10,000. The same loan is applicable to all defence personnel at 5.9% and it can be repaid in 60 months.

PDC loan for UAE nationals from First Gulf Bank Sharjah

FGB currently enjoys a great international presence since its humble beginning in 1979 in the Emirate of Ajman. Its activities are centered around the customer whose satisfaction is the primary objective of the bank. Improved technology has also contributed to its present outstanding status among the other reputed banks. FGB offers personal loans to both salaried expats and UAE nationals with the sole intention of improving their living standards while also helping in the development of the country’s economy. 

Sharjah – Highlights

Sharjah is famous as the cultural capital of UAE. This Emirate is ruled by His Highness Dr. Sultan al-Qasimi. The area occupied by Sharjah is more than 1003 square miles. Census of 2003 puts the population figures at 636,000. The Sharjah International airport and Port Khalid link the Emirate to all parts of the world.
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.