FAB introduces enhanced features for its Car Finance program tailored specifically for expatriates in 2023/2024. Here’s a snapshot of the new features, eligibility criteria, and the necessary documents:
New Features
- Enjoy a more streamlined and user-friendly digital application process for added convenience.
- Benefit from extended repayment tenures to better align with your financial preferences.
- Access personalized customer support to guide you through every step of the car financing journey.
Eligibility Criteria
- Open to expatriates residing in the UAE.
- Demonstrate stable employment as per FAB’s criteria.
- Ensure your income meets the minimum requirements set by FAB for eligibility.
Required Documents
- Valid passport, UAE residence visa, and Emirates ID.
- Salary certificates, bank statements, or other documents verifying your income.
- Details of the intended vehicle, including registration certificates and other relevant documents.