Emirates NBD – Auto Loan For Used Cars In 2024

Minimum Salary

AED 4,000

Monthly Payment

AED 1,437

Flat Rate

2.99%

Down Payment

20%

Salary Transfer

No

Early Settlement Fees

1%

Maximum Term

5 Years

Reducing Rate

-

If you’re considering an auto loan for used cars, Emirates NBD has you covered with a comprehensive offering. Here are the key features, eligibility criteria, and the necessary documents for your convenience.

Features

  • Enjoy competitive interest rates tailored to your used car financing needs.
  • Benefit from flexible repayment tenures, allowing you to choose a plan that suits your financial preferences.
  • Experience a streamlined approval process for a swift and efficient loan application.

Eligibility Criteria

  • Applicants should be within the specified age bracket to qualify for the auto loan.
  • Both UAE nationals and expatriates are eligible to apply.
  • Ensure that you meet the minimum income requirements set by Emirates NBD to be eligible for the auto loan.

Required Documents

  • Valid passport, Emirates ID, and visa for expatriates.
  • Salary certificates, bank statements, or other documents validating your income.
  • Details of the used car, including the registration certificate and insurance documents.
      BANKS
Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank-Islamic
Abu Dhabi Islamic Bank
Ajman Bank
Arab Bank
Commercial Bank International
Commercial Bank of Dubai
Dubai Islamic Bank
Emirates Islamic
Emirates NBD
Finance House
First Abu Dhabi Bank
HSBC
National Bank of Fujairah
National Bank of Umm Al Qaiwain
Noor Bank
Sharjah Islamic Bank
Standard Chartered Bank
United Arab Bank
simplylife from ADCB
Emirates NBD - Auto Loan For Used Cars

Emirates NBD

Emirates NBD, headquartered in Dubai, stands as one of the leading and largest banking groups in the Middle East. Renowned for its commitment to innovation and customer-centric financial solutions, Emirates NBD provides a comprehensive range of banking services, including retail, corporate, and Islamic banking. With a strong presence in the UAE and a growing international footprint, the bank has earned a reputation for its technological advancements, customer service excellence, and a diverse array of products. Striving for continuous innovation, Emirates NBD remains a pivotal player in shaping the financial landscape of the region, consistently delivering value and convenience to its diverse clientele.

If you're in the market for a car loan, you're in the right spot. We offer an extensive selection of over 40 diverse car loan options for you to consider. We've carefully assessed criteria such as minimum salary requirements, monthly repayment plans, and the flat rate percentage.