Evaluate Auto Loan Options and Buy Your Dream Car
Every major bank in the UAE offers auto loans for people looking to purchase a vehicle. With so many options out there, it can be challenging to choose which auto loan is best.
Our online platform lists the products offered by leading banks in the country, allowing you to compare and rate options easily. Use our website to evaluate loan repayment periods, installments, monthly payments, and other critical factors.
We believe all borrowers should make informed decisions when taking out a loan, so we provide all the information you need regarding the eligibility and conditions of various loans offered by leading banks.
Check out all the information we’ve compiled for auto loans currently offered in the UAE and see which one is best for you.
Compare multiple lenders & save on your finance. Comparing lenders can help you get great rates and save thousands!
A great low fixed rate starting from 2.49%
Features
- Attractive loan amounts up to AED 1 Million
- Competitive interest rates
- Flexible repayment terms
- Personal Life Insurance coverage
Eligibility
- Salaried Employee earning minimum salary of 7,000
- Applicant must be 21 years of age or above
- The applicant must hold a valid passport copy and UAE residence visa
Required Documents
- Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
- 3/6 month bank statements showing salary credit
- Salary certificate letter addressed to respective bank
- Application form duly filled & signed by customer
Fees and Charges
The rate of interest depends upon your salary however there is also a processing fee for 1% and insurance fee of 1.25% once you are approved for loan, which can be vary within different banks.
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