- Looking to finance your dream car with 0% down payment? ADIB Car Ijarah offers 100% financing along with a full comprehensive Takaful cover, extended warranty, and no traffic registration fee.
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 3.99% and the equivalent rate in reducing balance is 7.23%. The calculation used is a multiplication of the flat rate by 1.814 and this is indicative only.
- The profit rate starts at 3.99% for salaried and self employed individuals.
- 0% down payment option.
- There is an arrangement fee of AED 1,000.
- Available for cars as old as 2008 model year.
- When the salary is below AED 20,000 the rate starts at 3.25% for STL and 3.49% for PDC.
- When the salary is between AED 20,000 to AED 49,999 the rate starts at 2.99% for STL and 3.25% for PDC.
- When the salary is above AED 50,000 the rate starts at 2.79%.