Vehicle Type | Car |
Loan Type | Personal |
Maximum Loan Amount | AED 1,250,000.00 |
Loan Tenor | 48 months |
Interest Rate | 5.61% reducing (Annual Percentage Rate (APR) starts from 5.61% (reducing balance), based on a loan amount of AED 1.25M for 4 years) |
Flat Interest Rate | % (Flat interest rates depend on salary range: 3.75% - 2.75% p.a.) |
Processing Fee | 1.00% (1% of loan amount (Min AED 500, Max AED 2,500) + VAT) |
Features
Flexible repayment plans; Quick processing; No salary transfer required; Loan available for new and used vehicles