Check Eligibility for United Arab
Car Loan

You are eligible to apply for a United Arab
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 6000 required to apply for a United Arab Car Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

United Arab Car Loan Calculator

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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Car Loan Provided By United Arab

Check Eligibility for United Arab Car Loan

You are eligible to apply for a United Arab
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 6000 required to apply for a United Arab Car Loan .

Click here to check loans from other banks.

United Arab Car Loan Calculator

Features of United Arab Car Loan

  • Shari’a compliant finance
  • Affordable repayment options
  • Long repayment Tenures
  • Quick and hassle approvals
  • High amounts of finance (Up to AED 500,000)
  • No requirement of salary transfer
  • Highly competitive profit rates
  • Free credit life insurance
  • Allowance to postpone upto 2 installments per year

Eligibility Criteria of United Arab Car Loan

  • Minimum Age: 21 years
  • Minimum Monthly Income: AED 6000

Maximum Age (At Maturity)

  • UAE Nationals: 65 years
  • Expatriates: 60 years

Documents Required of United Arab Car Loan

  • Valid Emirates ID (For UAE Nationals)
  • Residential Visa with valid passport (For Expatriates)
  • Valid UAE driving license
  • Salary certificate (For salaried)
  • Trade License / Memorandum of Association (For Self-Employed)
  • Active bank account statements

Note: Policies and eligibility criteria is subject to change at the discretion of the bank. Bank may ask for more documentation to be done if necessary.Contact the nearest branch for more information.

United Arab Car Loan Interest rates

United Arab Bank

2 United Arab Bank Car Loans

New Auto Loan

Minimum Salary

AED 6K

Flat Rate

3.75%

Reducing Rate

6.8%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

minimum salary

AED 6K

Minimum Salary

flat rate

3.75%

Flat Rate

reducing rate

6.8%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 3.75%
  • Minimum salary requirement is AED 6,000

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 3.75%
  • Minimum salary requirement is AED 6,000
  • The reducing rate and the flat rate is 6.8% and 3.75%. This denotes that the computation done was a division of the reduction rate by 1.814
  • Salary transfer is not required
  • Maximum loan amount is AED 500,000 that United Arab Bank can provide
  • Early settlement fee is 1% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by United Arab Bank
  • Low minimum salary requirement is there for given finance
  • Finance can be provided for new as well as used cars
  • Maximum repayment period is of 60 months
  • Documentation is simple

View details on bank page

Used Auto Loan

Minimum Salary

AED 6K

Flat Rate

5%

Reducing Rate

9.07%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

minimum salary

AED 6K

Minimum Salary

flat rate

5%

Flat Rate

reducing rate

9.07%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 5%
  • Minimum salary requirement is AED 6,000

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 5%
  • Minimum salary requirement is AED 6,000
  • The reducing rate and the flat rate is 9.07% and 5%. This denotes that the computation done was a division of the reduction rate by 1.814
  • Salary transfer is not required
  • Maximum loan amount is AED 500,000 that United Arab Bank can provide
  • Early settlement fee is 1% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by United Arab Bank
  • Low minimum salary requirement is there for given finance
  • Finance can be provided for new as well as used cars
  • Maximum repayment period is of 60 months
  • 80% vehicle value can be financed by United Arab Bank
  • Documentation is simple

View details on bank page

About United Arab

Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :

  • Integrity
  • Customer Focus
  • Competence
  • Consistency
  • Courteousness

   Get in touch with United Arab Bank Customer Care