Islamic Car Finance Abu Dhabi Commercial Bank (ADCB)
Your ambitions include owning your dream vehicle. That’s why ADCB Islamic Banking offers a range of Shari’ah compliant services, including Car Finance. We have combined years of world-class experience with our traditions to bring you a car financing solution that matches your values.
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- Finance up to 80% of the car’s value.
- Take advantage of competitive profit rates starting from 2.49% p.a.
- Get finance for any new and pre-owned vehicles.
- Repay at your own pace in up to 60 months.
- Finance comprehensive Takaful (Insurance) coverage for the vehicle.
- Be assured of a quick and simple approval process.
- Second Car Finance is possible.
- Finance up to 1.5 million.
- You require a minimum salary of AED 5,000 per month to be eligible.
- It is not a requirement to transfer your salary to apply.
- You are required to put 20% as the down payment for this finance.
- Completed application form. (Req. for Salaried, Self Employed & Companies)
- Valid Passport, Visa & EIDA Card copy. (Req. for Salaried, Self Employed & Companies)
- Valid Driving License copy. (Req. for Salaried & Self Employed)
- Salary certificate issued to ADCB, dated 30 days or less from date of loan application. (Req. for Salaried)
- Valid Trade License copy. (Req. for Self Employed & Companies)
- Last 3 months bank statements copy. (Req. for Salaried & Companies)
- Last 3 months bank statements copy for both personal and company accounts. (Req. for Self Employed)
- Quotation from Dealer. (Req. for Salaried, Self Employed & Companies)
- Valid Power-of-Attorney copy(if applicable). (Req. for Self Employed & Companies)
- Details of existing loans/liabilities. (Req. for Salaried, Self Employed & Companies)