Tamweel Car Loan Commercial Bank of Dubai (CBD)
Min. salary
AED 8,000
Reducing / Flat
3.95% / 2.18%
Down Payment
20%
The CBD Tamweel Car Loan will put you in the driving seat and behind the steering wheel in no time at all.
Max Amount
AED 750,000
Arrangement Fee
1.00%
Early Settlement Fee
1.00 %
Apply online now
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Unique Features
- Competitive interest rate starting from 2.18% flat.
- Flexible repayment period of up to 60 months.
- Finance available for New & Used cars.
- Deferment facility.
- Easy documentation and fast processing.
Eligibility
- Minimum monthly income requirement is AED 8,000.
- UAE National aged between 21 and 65 years (at the loan maturity).
- Expatriate aged between 21 and 60 years (at the loan maturity).
Documents required
- National ID or valid passport, residence visa and Emirates ID.
- Original 3 months bank statement for new customers.
- Salary Certificate.
- Drivers license.
- Dealers quotation for a new or used car.