Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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FAB Car loan for Salaried Individuals

FAB Bank

Car loan for Salaried Individuals

Flat Rate

2.35%

Loan Amount

AED 1500K

Early Settlement Fee

1.05%

Down Payment

20%

flat rate

2.35%

Flat Rate

max finance

AED 1500K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

down payment

20%

Down Payment

View details on bank page

Features

  • Interest rates charged on the loan is 2.35% per annum
  • Maximum finance of AED 1.5 Million is provided
  • 20% of the car value should be borne as a down payment

Benefits

  • Can get finance for both used and new vehicles
  • Less down payment requirement

Frequently Asked Questions

⭐ Do I need to have a driving license to apply for this loan?

A. Yes. The loan applicant must have a valid driving license.

⭐ Are expats eligible?

A. Yes. expats are eligible for this product.

⭐ Do I need to provide the vehicle quotation?

A. Yes. The applicant should get the vehicle quotation from the seller and submit it as a part of the documentation.

⭐ Can I reschedule my existing loan?

A. Yes. Rescheduling charges of AED 262.5 are charged.

FAB

First Abu Dhabi Bank (FAB) is one of the largest banking institutions established in 2017 and is a merger of NBAD and FGB. FAB offers tailor made solutions, products and services to the customers.The international network of FAB is spread over 5 continents providing global relationships, expertise and financial strength to local and international business. FAB offers its diversifying services by having differentiation, agility and innovation as their main motto and vision

   Get in touch with FAB Customer Care