Ajman Bank - 50 - 50 FINANCE

Ajman Bank - 50 - 50 FINANCE

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Under this product variant, a customer approaches the Bank and requests for financing his dream car while he pays 50% of the car value to the dealer and wants to finance the other 50% with little documentation and no car restrictions. Benefits:
• Only 1 month Bank Statement is required
• Extremely Competitive Profit Rates
• Minimum Salary AED 5,000
• No Salary Transfer is required
• Maximum Finance amount up to AED 500,000
• Maximum Finance tenure up to 5 years
• Finance available for new and used cars
• First Installment within 90 days for new cars and 60 days for used cars
• Quick and Fast Approvals Required Documents:
• Duly completed and a signed application form
• Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID
• 1 months Bank statement
• Labour card copy
• Salary Certificate
• Copy of Trade License (Self-employed)
• Car Quotation from a franchise dealer or Evaluation from an approved evaluator

  • Business vehicle finance: No
  • Only for listed companies: No
  • Down Payment: 0%
  • Heavy vehicle finance: No

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