- Interest rate for new cars- 7% flat p.a.
- Interest rate for used cars- 8% flat p.a.
- Comprehensive Auto Insurance starting at 2.80% only with FREE personal accident cover and FREE travel insurance for Schengen countries.
- Free for life Credit Card.
- For new vehicles, the interest rate starts at 7% and for used vehicles, the interest rate starts at 8%.
- Finance House offers loans for new and used vehicles.
- The loan on both new and used vehicles can be obtained for a maximum of 60 months.
- the person who is seeking the loan must be a resident with a valid UAE visa.
- The minimum loan amount is AED 15,000/- and the maximum is AED 250,000.
- The minimum age for getting the loan is 21 years and the maximum is 60 years.
- For a used vehicle the minimum down payment is 20%. For new vehicles, it is subject to Finance House approval.
- Original passport & photocopy (with valid UAE residence visa for expats).
- Copy of the valid driving license.
- Latest 3 months’ bank statements of the account into which salary is transferred.
- Current dated salary certificate from the employer.