Minimum Salary
0,00 د.إ
National Bank of Umm Al Qaiwain (NBQ) provides conventional auto loans with reducing-balance rates from 5.04%–5.68% p.a., equivalent flat rates from 3.00%–3.33% p.a., financing up to 80% of vehicle value (max AED 750,000), tenures up to 60 months, transparent fees, and flexible deferment options.
Schedule of Fees & Charges
| Fee Type | Charge |
| Processing Fee | 1.05% of loan amount (min AED 525, max AED 2,625) – non-refundable |
| Early/Partial/Final Settlement Fee | 1.05% of outstanding balance (max AED 10,500) |
| Partial Settlement Fee | 1.05% of prepaid amount (max AED 10,500) |
| Late Payment Penalty | 2.10% over contracted rate p.a. (min AED 52.50, max AED 525 per month) |
| Post-dated Cheque Replacement | AED 100 per cheque |
| Instalment Deferment | One free per year; AED 100 per subsequent deferment |
| Cooling-Off Period | 5 business days – full refund of processing fee if cancelled |
| Vehicle Pledge Release (post-settlement) | No bank charge (RTA fees separate) |
All charges inclusive of VAT.
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