Used Car

Pre-owned Car Loan


  • Competitive interest rates starting from 3.70% p.a. (flat rates). Reducing rate of 6.89% p.a.
  • High loan amounts
  • Easy processing

You’ve spent hours researching different makes and test driving models and, finally, you’ve found the vehicle that’s just right for you. 

Now, get ready to drive away in it, thanks to UNB’ Pre-owned Car Loan. We’ve structured this loan especially for purchasers of pre-owned cars, keeping an eye to affordability. The result? A competitively priced loan that’s tailored to your exact needs. 

All that’s left to do now is put your personal stamp on your ‘new’ car.

Fees and Tariffs

Loan processing fee  
1.05% of loan amount (min AED 525 - max AED 2,625)  
Early settlement charges  
1.05% of remaining balance  
Partial settlement fee/Advance payment of installment  
1.05% of amount paid  
Instalment postponement charges  
AED 105 per deferment  
Change of due date on Standing Instructions  
AED 26.25  
Loan rescheduling fee  
AED 262.50  
Late payment penal charges  
AED 525  
Loan Cancellation Fee  
AED 105  
Issuance of Liability letter  
AED 63  
NOC to Traffic department  
Fees & Charges are in line with UAE Central Bank policies and inclusive of VAT (Value Added Tax)  


Applicants must be:

  • A UAE national of at least 21 years of age or under 65 years old or an expatriate of at least 21 years of age or under 60 years old
  • Earning at least AED 5,000 per month

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.

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