Product details
What you need to know
What to check
Understand FAB Car Loan
FAB Car Loan is a auto loans product from First Abu Dhabi Bank. Check the down payment, rate, term, processing fee, insurance and early settlement conditions.
Published details
- Minimum Salary: AED 7,000
- Self Employed Balance Requirement: AED 25,000
- Advertised Flat Rate Range: 1.99% to 3.49% per year
- Maximum Finance To Value: 80%
- Flat Interest Rate: 2.15% p.a. indicative
- Reducing Interest Rate: 4.09% p.a. indicative equivalent
- Late Payment Fee: AED 2.1
- Early Settlement Fee: AED 1.05
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓Your salary is at least AED 7,000
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You do not meet the listed salary requirement
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Minimum salary | AED 7,000 | Official page | High |
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |