Auto Loan

Auto Loan United Arab Bank (UAB)

Min. salary
AED 7,500
Reducing / Flat
5.38% / 2.99%
Down Payment
20%
  • Salary Transfer Not Required

UAB Auto Loan offers you minimum formalities and flexible repayment periods to give you the keys to your dream car as quickly and conveniently as possible. With a host of fabulous features, benefits and advantages, our range of auto loan variants have been carefully designed to cater to your needs.

Max Amount
AED 500,000
Arrangement Fee
1.00%
Early Settlement Fee
1.00 %

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Unique Features

  • Loans up to AED 500,000.
  • Tenor up to 60-months.
  • No salary transfer required.
  • Up to 80% of vehicle value financed.
  • 2.99% flat rate (5.38% on reducing balance).

Eligibility

  • Salary should be minimum AED 7500.
  • Minimum 6 months of employment with the company.
  • Minimum age of 21 years.

Documents required

  • Visa and passport copy.
  • Salary certificate.
  • Appointment letter.