United Arab Bank’s auto loan gets you the car of your dreams with minimum formalities and flexible repayment periods as quickly and conveniently as possible.
Major Advantage: Low Salary Requirement, High Loan Amount
Points to Consider: There is down payment required
Interest Rate: 2.99% flat rate p.a.
Processing Fees:1% of finance amount
Minimum Salary Requirement:AED 7,500
Down Payment Required:20%
Repayment Period:5 Years
Early Settlement Fees:1% of outstanding amount
Islamic Finance: Yes and Conventional also available
Salary Transfer Required:No
Maximum Finance Amount: AED 500,000
Holiday Period:Not available
Valid passport, Resident Visa and Emirates ID Copy (For both salaried and self-employed).
Latest 3 months salary bank statement.
Salary Certificate/ Salary Transfer letter (For salaried).
Quotation from Dealer/ Valuation report from approved Valuator.
Applicant should be 21 years and above.
Any other document as required by United Arab Bank policy.
All info mentioned can change at any point in time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
Flat rate is converted into reducing rate as per 5 years calculation.
Terms and conditions apply.
Terms and Conditions
By clicking submit, I acknowledge that my details will be submitted to Compare4Benefit and then passed
to Citibank, N.A. UAE branch (“Citi”). I consent to allow Compare4Benefit to share my details with Citi and
hereby acknowledge and agree to allow Citi 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.
By inquiring about Citi services, offers or products, I authorize Citi representatives to approach me on my
contact details including my telephone/mobile number for any product or service offered by Citi anytime
within 12 month period from the time of this acknowledgment. I hereby represent and warrant that the
information provided herein is true, accurate, and complete and that I agree to remain responsible for and
to indemnify Citi from and against any losses, claims and/or liabilities incurred by Citi as a result of having
relied on such information. Citi is not required to verify the information provided by me and neither is the
bank obliged to provide me with any loans or credit facilities based on the provided information.
And we will get back to you soon.
Compare4Benefit is the No.1 comparison website in UAE for comparing financial products. We started this website with only one vision that our customers should be informed and take a confident decision while applying for any financial product in UAE