- 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:
For ADIB salary transfer customers:
- 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.
- 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%.
- 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).