Features and Benefits

• 50% Discount on processing fee 
• Car loan amount up to AED 750,000
• Available for new and Used 
• Attractive rate of interest (Base Lending Rates)
• Flexible Repayment period up to 60 months 
• Option to defer 2 installment per year
• Fast and easy process 

Fees and Charges

• Processing Fees : 1% of Loan Amount with minimum AED 500 & maximum AED 2,500

Eligibility

• Salary transfer is not mandatory 
• No minimum service period criteria 
• Minimum salary criteria apply 
• All Nationalities 
• Available to customer minimum 21 years of age and 65 years of age at maturity of loan
• Minimum length of service of 1 year with current employer 
• Applicable for salaried and self-employed individuals

Documents Required

• For all customers
• Application form and agreement Kit to be completed 
• A copy of your passport & Emirates ID
• A copy of residency visa (if applicable)
• Proof of address or business address (e.g. utility bill, tenancy contract) 
• Any other documents at the discretion of the Bank 

• For salaried individuals
• 3 months bank statements 
• A salary certificate and a copy of most recent pay slip 

• Self-employed individuals and businesses
• Valid copy of passport and emirates ID 
• 6 months bank statements of Business Account 
• Other documents may be requested at the discretion of the bank

Teams and conditions apply

Key Facts Statement