Vehicle Type | Car |
Loan Type | Personal |
Loan Tenor | 24 months |
Interest Rate | % reducing (Profit-free auto finance model with deferred 50% lump sum payment) |
Flat Interest Rate | 0.00% (No profit rate applied) |
Processing Fee | 1.00% (1% of the finance amount (AED 500 min, AED 2,500 max)) |
Features
50% upfront payment and 50% deferred over 24 months, no profit rate, designed for those preferring structured payments.