Union National Bank
Education Loan

Salary Transfer Required?

yes

Minimum Monthly Salary

AED 10000

Fixed Rate

4.96%

Reducing Rate

Max Loan Amount

AED 0

Salary Transfer Required? yes

Minimum Monthly Salary AED 10000

Fixed Rate 4.96%

Reducing Rate 9%

Max Loan Amount AED 0

Top Reasons To Choose

Loans cover 100% of the tuition and admission charges

We believe that everyone should have access to a sound education, which is why our student loans cover 100% of the tuition and admission charges, along with other related expenses, at both schools and colleges across the UAE.

Documents Required

Signed and completed application form and loan proposal form
Colour passport photo of applicant
Passport copies (yours and your co-owner/guarantor’s) with valid residence visas for expats
UAE National ID card if applicable
Labour card/employer ID card
UAE utility bill or tenancy contract as proof of address
Proof of enrolment (previous or current) or a fees quotation from educational institution
Valid salary certificate
Last 3 months’ pay slips Last 6 months’ bank statements

Joining Offers

Eligibility

Earning at least AED 10,000 per month
A UAE resident
At least 25 years old at time of application
No older than 65 at loan maturity
Employed at your current employer for at least one year

Detailed Features

Attractive interest rates starting from 9% per annum
A loan covering 100% of annual tuition fees
100% of admission fees
50% of accommodation/hostel fees
100% of visa and travel ticket costs in case of foreign job internship in between school/university terms

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