AED 5,000

Minimum Salary

AED 1,770

Monthly Payment

2.99%

Flat Rate

20%

Down Payment

  • Whether you are looking for low value or high-value car at competitive rates, Abu Dhabi Islamic Bank offers car financing with up to 60 months payment options.
     

    Features and benefits: 

    • Highly competitive profit rates.
    • Quick approval process.
    • No salary transfer required.
    • Repayment period of up to 60 months.
    • The flat rate of this finance is 2.99% and the equivalent rate in reducing balance is 5.25%. The calculation used is a multiplication of the flat rate by 1.814 and this is indicative only.
    For ADIB salary transfer customers:
    • When the Salary is below AED 20,000 the rate starts at 2.99% for STL and 3.25% for PDC.
    • When the salary is between AED 20,000 to AED 49,000 the rate starts at 2.79% for STL and 2.99% for PDC.
    • When the salary is above AED 50,000 the rate starts at 2.59%.

    Required Documents:

    • Original and copy of valid passport (with valid residence visa for expatriates).
    • Original and copy of valid Emirates ID.
    • Bank account statement (last 3 months).