Vehicle Type | Car |
Loan Type | Personal |
Maximum Loan Amount | AED 6,000,000.00 |
Loan Tenor | 96 months |
Interest Rate | % reducing (Murabaha financing with a profit margin) |
Processing Fee | 1.00% (1% of loan amount (Min AED 500, Max AED 2,500)) |
Features
Sharia-compliant Murabaha financing; Free life and disability insurance; Vehicle can be licensed to a third party from the debtor’s family or a company