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NBAD Auto Loans

NBAD Auto Loans* not only convenient but as pleasurable as your first drive in your new car.

With interest rates starting from just 3.49%** on NBAD Auto Loans; you can now drive away in the car of your choice.

Whether you are considering a brand new car or a pre-owned car, NBAD takes care of the formalities with third parties so you can enjoy your dream car without unnecessary delay.

To get started, here's what you need to know:

Product Features:

  • High loan amounts up to AED 1 million!
  • Loan eligibility based on your total income Hassle-free Loan application process No minimum balance NBAD bank account Free for life pre-approved NBAD Credit Card
  • Competitive Interest Rates starting from as low as 3.49%** (equivalent applicable rate is 6.38% per annum on the reducing balance of the loan)
  • Available for New and Pre-owned vehicles Salaried and Self-employed individuals NBAD and Non NBAD customers
  • Flexible repayment period up to 60 months
  • 100% financing of car insurance premium
  • Grace Period - Up to 45 days for first installment payment
  • Hassle-free Loan application process
  • No minimum balance NBAD bank account
  • Free for life pre-approved NBAD Credit Card

Eligibility:

  • Available for both UAE Nationals and resident Expatriates.

How to apply?

Call us and we will set up an appointment at your nearest branch, or we will arrange for a bank representative to visit you. We will need the following:

  1. A copy of your passport
  2. Salary certificate/salary transfer letter/proof of income (if self employed)
  3. Bank statement (if you're not already an NBAD customer)

For more on our Auto Loans Product and how to apply, please call 00971 2 4103700 or 009714 4245678.

*All Loans are subject to Bank's approval. Terms & Conditions apply.
** The above is a promotional offer which may be amended, replaced, or withdrawn without prior notice.

 

 
 
   
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