Car Loans for Self Employed Individuals First Abu Dhabi Bank (FAB)
Min. salary
AED 10,000
Reducing / Flat
7.24% / 3.00%
Down Payment
20%
Apply for our Car Loans for Self Employed Individuals and get the car of your dreams with competitive interest rates
Max Amount
AED 500,000
Arrangement Fee
1.00%
Early Settlement Fee
1.00 %
Apply online now
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Unique Features
- Competitive interest rates starting 3.00% p.a.
- Generous loan amounts: up to AED 500,000 or 80% if the car value.
- Finance available for New and Used vehicles.
Eligibility
- You are required to put 20% as a down payment for this product.
- You require a minimum salary of AED 10,000 per month to be eligible.
- It is a requirement to transfer your salary to apply.
Documents required
- Vehicle Quotation.
- UAE Driving License.
- Bank Statements (Where Applicable).
- Trade License (Where applicable).
- Documents to show company ownership structure.
- Completed and signed Auto Loan Application Form.
- Copy of valid Passport / Visa / Emirates ID (Originals must also be presented).