Tamweel Car Loan

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.