New Car Loan Abu Dhabi Commercial Bank (ADCB)
Min. salary
AED 5,000
Reducing / Flat
4.99% / 2.75%
Down Payment
20%
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.
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)