Auto Loan

Commercial Bank International

Commercial Bank International logo
Vehicle Type Car
Loan Type Personal
Maximum Loan Amount AED 500,000.00
Loan Tenor 60 months
Interest Rate 3.75% reducing (Flat interest rate ranges from 3.75% to 4.5% per annum. Equivalent reducing rate is approximately 6.86% p.a.)
Flat Interest Rate 3.75% (Flat rate varies from 3.75% to 4.5% per annum.)
Processing Fee 1.00% (1% of loan amount (min AED 500, max AED 2,500).)

Features

Finance available for new and used cars. Fast loan approval. No salary transfer required. Loan term up to 60 months for new cars, 48 months for used cars.

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