ADIB Smart Account

Check Eligibility for Union National
Personal Loan

You are eligible to apply for a Union National
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a Union National Personal Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Union National Personal Loan Calculator

Personal Loan Provided By Union National

Check Eligibility for Union National Personal Loan

You are eligible to apply for a Union National
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a Union National Personal Loan .

Click here to check loans from other banks.

Union National Personal Loan Calculator

ADIB Smart Account
Union National Personal Loan Details
Minimum Salary AED 5000 - AED 20000 per month (depends on the nationality and type of loan)
Maximum Loan Amount AED 200K - AED 6000K(depends on the nationality and type of loan)
Tenure 48 months
Age 21 - 60 years(Expats) & 65 years(UAE Nationals)
Early Settlement Fees 1.05% of the outstanding amount
Arrangement Fees 1.05% of the approved loan amount
Interest Rates Flat rate: 2.37% - 4.96% | Reducing rate: 4.5% - 14%

Features of Union National Personal Loan

  • Maximum loan amount of AED 500,000 - AED 6,000,000 is provided
  • Can avail maximum 20 times of the salary as finance
  • Maximum loan tenure of 48 months is provided
  • Interest rates start from 4.5%
  • Minimum monthly salary requirement of AED 5,000 - AED 10,000 (Depends on the loan type)
  • Employment company must be listed with UNB
  • Can postpone limited number of installments every year
  • Provides different kinds of personal loans for rent, education, etc.

Fees and Charges

  • Loan processing fee: 1.05% of the loan amount (Minimum 500 AED and Maximum 2500 AED)
  • Late Payment Fee: AED 210
  • Credit Insurance fee: 0.50% p.a. of the loan amount (Minimum 100 AED)
  • Loan rescheduling fee: AED 262.5
  • Early Settlement of loan: 1.05% of the outstanding loan amount
  • Instalment deferment fee: AED 105
  • Other fees: AED 26

Eligibility Criteria of Union National Personal Loan

  • UAE nationals and UAE resident expatriates
  • Minimum salary of AED 5-20K
  • At most 59 years 11 months old (at loan maturity)
  • Working in a Government, semi-Government or approved private employer

Check here for the Eligibility Criteria of Union National Bank Personal Loan

Documents Required of Union National Personal Loan

  • UAE National ID card if applicable
  • Labour card/employer ID card
  • Valid salary certificate
  • Last 3 months’ pay slips
  • Last 6 months’ bank statements

Union National Personal Loan Interest rates

Union National Bank

5 Union National Bank Personal Loans

Personal Loan for UAE Nationals

minimum salary

Minimum Salary

AED 20K

flat rate

Flat Rate

2.37%

reducing rate

Reducing Rate

4.5%

loan amount

Loan Amount

AED 6000K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

minimum salary

AED 20K

Minimum Salary

flat rate

2.37%

Flat Rate

reducing rate

4.5%

Reducing Rate

loan amount

AED 6000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Advantages
  • Can skip upto 4 installments annually
  • High finance
  • Competitive interest rates
Advantages
  • Can skip upto 4 installments annually
  • High finance
  • Competitive interest rates

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The reduction rate and the flat rate is 4.5% and 2.37%. This denotes that the computation done was a division of the reduction rate by 1.89

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The loan is provided for a interest rate of 4.5%
  • Minimum salary of AED 20,000 is required
  • The reduction rate and the flat rate is 4.5% and 2.37%. This denotes that the computation done was a division of the reduction rate by 1.89
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 6,000,000
  • Early settlement fee is 1.05% of loan amount
  • Arrangement fee is 1.05% of loan amount

Benefits

  • Can get up to AED 6,000,000 loan amount
  • Free credit card is provided along with this scheme
  • Repayment period is long
  • For first three months bank provides installment free grace period along with this scheme

View details on bank page

Expatriate Loan

minimum salary

Minimum Salary

AED 5K

flat rate

Flat Rate

3.13%

reducing rate

Reducing Rate

5.68%

loan amount

Loan Amount

AED 500K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

minimum salary

AED 5K

Minimum Salary

flat rate

3.13%

Flat Rate

reducing rate

5.68%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Advantages
  • Skip upto 2 installments per year
  • Free UNB Credit Card
  • Competitive interest rates
Advantages
  • Skip upto 2 installments per year
  • Free UNB Credit Card
  • Competitive interest rates

Features

  • Repayment period is up to 4 years
  • Only Expats can apply for this scheme
  • The reduction rate and the flat rate is 5.68% and 3.13%. This denotes that the computation done was a division of the reduction rate by 1.814

Features

  • Repayment period is up to 4 years
  • Only Expats can apply for this scheme
  • The loan is provided for a interest rate of 5.68%
  • Minimum salary of AED 5,000 is required
  • The reduction rate and the flat rate is 5.68% and 3.13%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 500,000
  • Early settlement fee is 1.05% of loan amount
  • Arrangement fee is 1.05% of loan amount

Benefits

  • Can get up to AED 500,000 loan amount
  • Repayment period is long
  • Extra fees won’t be applied for early settlement of loans from own funds

View details on bank page

House Rent Loan

minimum salary

Minimum Salary

AED 10K

flat rate

Flat Rate

4.96%

reducing rate

Reducing Rate

9%

loan amount

Loan Amount

AED 200K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

minimum salary

AED 10K

Minimum Salary

flat rate

4.96%

Flat Rate

reducing rate

9%

Reducing Rate

loan amount

AED 200K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Features

  • Repayment period is up to 4 years
  • The reduction rate and the flat rate is 9% and 4.96%. This denotes that the computation done was a division of the reduction rate by 1.814
  • The loan is provided for a interest rate of 9%

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 9%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 9% and 4.96%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is not mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 200,000
  • Early settlement fee is 1.05% of loan amount
  • Arrangement fee is 1.05% of loan amount

Benefits

  • Can get up to AED 200,000 loan amount
  • Repayment period is long
  • This loan is specially designed for house rent purpose

View details on bank page

Education Loan

minimum salary

Minimum Salary

AED 10K

flat rate

Flat Rate

4.86%

reducing rate

Reducing Rate

9%

loan amount

Loan Amount

AED 200K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

minimum salary

AED 10K

Minimum Salary

flat rate

4.86%

Flat Rate

reducing rate

9%

Reducing Rate

loan amount

AED 200K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Features

  • Repayment period is up to 4 years
  • The reduction rate and the flat rate is 9% and 4.86%. This denotes that the computation done was a division of the reduction rate by 1.815
  • The loan is provided for a interest rate of 9%

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 9%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 9% and 4.86%. This denotes that the computation done was a division of the reduction rate by 1.815
  • It is not mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 200,000
  • Early settlement fee is 1.05% of loan amount
  • Arrangement fee is 1.05% of loan amount

Benefits

  • Can get up to AED 200,000 loan amount
  • Repayment period is long
  • This loan is specially designed for education

View details on bank page

Non-Salary Transfer Personal Loan

minimum salary

Minimum Salary

AED 10K

flat rate

Flat Rate

7.71%

reducing rate

Reducing Rate

14%

loan amount

Loan Amount

AED 3000K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

minimum salary

AED 10K

Minimum Salary

flat rate

7.71%

Flat Rate

reducing rate

14%

Reducing Rate

loan amount

AED 3000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Features

  • Both UAE nationals and expats are eligible
  • Applicant needs to be of 25-60 years
  • Interest rates start from 14%

Features

  • Both UAE nationals and expats are eligible
  • Applicant needs to be of 25-60 years
  • Interest rates start from 14%
  • A minimum salary of AED 10,000 is required
  • Maximum loan amount of AED 2000K - 3000K(depends on the nationality) is provided

Benefits

  • Salary transfer is not required
  • Provides credit life insurance
  • Can avail overdraft facility
  • Provides high amount of finance
  • Can skip monthly installments

View details on bank page

Frequently Asked Questions

Q. What does the other fees include?

A. Other fees includes loan copy, audit confirmation, issuing redemption statements, etc.

Q. Can I get UNB Personal loan without having my company listed with bank?

A. For a UNB personal loan for UAE Nationals and Expats having your company listed with the bank is mandatory.

Q. On what basis the maximum loan amount is decided?

A. The maximum loan amount depends on the loan type and applicant’s monthly salary.

Q. Can I get a liability letter?

A. Yes, AED 63 is charged for a liability letter.

Q. How many installments can be skipped per annum?

A. The number of installments that can be skipped depends on the loan type which can be around 2-4.

About Union National

Established as a Public Joint Stock Company (P.J.S.C) in 1982, Union National Bank (UNB) has shareholdings from both Dubai and Abu Dhabi Government. UNB has a Vision ‘to be the best in class for the banking industry in the UAE’ and a Mission ‘to be the first and the best bank of choice for all stakeholders.’ The values followed by UNB are :

  • Integrity & Transparency
  • Customer Focus
  • Team spirit
  • Continuous Improvement
  • Nurturing Staff
  • Responsible Community Membership
  • Best practices

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