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Union National Bank House Rent Loan

Union National Bank Bank

WarningMessage This product is discontinued by the Bank

House Rent Loan

Minimum Salary

AED 10K

Flat Rate

4.96%

Reducing Rate

9%

Loan Amount

AED 200K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

minimum salary

AED 10K

Minimum Salary

flat rate

4.96%

Flat Rate

reducing rate

9%

Reducing Rate

max finance

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 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

Frequently Asked Questions

⭐ Should I find a property first or should I get loan approved first?

A. You should get loan pre-approved before hunting for a property as it will help you in not exceeding your budget.

⭐ How long will it take to get my loan approved in Union National bank?

A. It'll take not more than 2-3 working days to get your personal loan approved.

⭐ Who all can apply for Union National personal loan?

A. Only UAE Nationals and expats can apply for Union National personal loan.

⭐ What are the different ways in which we can do repayment in Union National bank?

A. You can repay in following ways:
1. ECS
2. Post-dated cheques

⭐ How do I get my account statement in Union National bank?

A. You get account statement on monthly basis in Union National bank.

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

   Get in touch with Union National Bank Customer Care

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