Used Vehicle Finance

Used Vehicle Finance Al Hilal Bank

Min. salary
AED 20,000
Reducing / Flat
4.26% / 2.35%
Down Payment
20%

Al Hilal Bank can deliver your dream car in a way that is not only quick and easy but also true to Shariah values. Vehicle Finance products are designed to be convenient yet competitive.

Max Amount
AED 500,000
Arrangement Fee
1000.00%
Early Settlement Fee
%

Apply online now

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Unique Features

  • Shariah-compliant.
  • Fast and simple approval process.
  • Competitive profit rates.
  • High finance amount.
  • Flexible tenure of up to 5 years.
  • Takaful (Islamic Insurance) arrangements and financing.
  • No hidden documentation and study fee.
  • No salary transfer required.
  • Joint income possibility (with blood relatives only).
  • Vehicle registration on 3rd party name (with blood relatives only).

Eligibility

  • Minimum salary requirement of AED 20,000.
  • Down payment requirement of 20%.

Documents required

  • A valid passport.
  • Residence visa page (as applicable).
  • Latest 3 months bank statements.
  • Quotation addressed to Al Hilal Bank.
  • Any other additional documentation which may be required thereafter according to the Al Hilal Bank policies and procedures.