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