Union National Bank House Rent Loan Main Benefits A loan specifically designed for house rent requirement. The loan can be taken for existing lease agreements as well as new lease agreement. Overview of features You require a minimum salary of AED 10,000 per month to be eligible. The reducing rate of this finance is 9% and the equivalent flat rate is 4.96%. The processing fee is 1% of the total finance amount. Finance repayment period is up to 12 months. The early settlement fee is 1% of the outstanding amount. It is not a requirement to transfer your salary to apply.