AED 5,000

Minimum Salary

AED 0

Monthly Payment

–

Flat Rate

50%

Down Payment

  • Under this product variant, a customer approaches the Bank and requests for financing his dream car while he pays 50% of the car value to the dealer and wants to finance the other 50% with little documentation and no car restrictions.

    Benefits:
    • Only 1 month Bank Statement is required.
    • Extremely Competitive Profit Rates.
    • Minimum Salary AED 5,000.
    • No Salary Transfer is required.
    • Maximum Finance amount up to AED 500,000.
    • Maximum Finance tenure up to 5 years.
    • Finance available for new and used cars.
    • First Installment within 90 days for new cars and 60 days for used cars.
    • Quick and Fast Approvals.
    Required Documents:
    • Duly completed and a signed application form.
    • Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID.
    • 1 months Bank statement.
    • Labour card copy.
    • Salary Certificate.
    • Copy of Trade License (Self-employed).
    • Car Quotation from a franchise dealer or Evaluation from an approved evaluator.