New Car

New Car Loan


  • Competitive interest rates starting from 1.49% p.a (flat rate). Reducing rate of 2.80% p.a
  • High loan amounts
  • Easy processing

Whether it’s a sporty roadster or a practical SUV, nothing quite matches the feeling of exhilaration racing through your veins the first time you take your car for a drive. It’s a combination of that new car smell; the pride in its pristine condition; the admiring glances from those around you. 

That said, buying a new car is a big commitment – especially if you’re worried about your budget. As the bank that cares, we’ll ease your mind with a loan allowing you to buy the ideal car for your lifestyle. Stop dreaming, start driving!

Fees and Tariffs

Loan processing fee  
1% of loan amount (min AED 500 - max AED 2,500)  
Early settlement charges  
1% of remaining balance  
Partial settlement fee  
1% of amount paid  
Instalment postponement charges  
AED 100 per deferment  


Applicants must be:

  • Earning at least AED 5,000 per month (if your salary is transferred to a UNB account) or AED 8,000 per month (if your salary is transferred to another bank)
  • A UAE National or resident UAE expat
  • Older than 21 years
  • Working at your current employer for at least six months (if salaried)
  • Less than 65 years at loan maturity (if you are a UAE National)
  • Less than 60 years at loan maturity (if you are a resident UAE expat)

Terms & Conditions

Terms & conditions apply

Terms & conditions apply. 

The bank reserves the right to change the interest rates, fees & tariffs, charges and terms & conditions at its own discretion, without any prior notice.