New Car Loan

New Car Loan Abu Dhabi Commercial Bank (ADCB)

Min. salary
AED 5,000
Reducing / Flat
4.99% / 2.75%
Down Payment
20%
  • Salary Transfer Not Required

We offer competitive, flexible car loans that maximize value for you, coupled with a simple and easy process.

Max Amount
AED 1,500,000
Arrangement Fee
1.00%
Early Settlement Fee
1.00 %

Apply online now

Fill in your details and our expert advisor will contact you soon.

+971

Unique Features

  • One-signature application.
  • Up to AED 1.5 million finance amount.
  • Up to 60-month repayment tenure.
  • Finance up to 80% of the car value.
  • Insurance finance option.
  • Quick approvals.
  • Simple documentation.

Eligibility

  • Minimum salary requirement is AED 5000.
  • It is not a requirement to transfer your salary to apply.

Documents required

  • 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)