Ajman Bank - Individual Standard Car Loan

Ajman Bank - Individual Standard Car Loan

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Individual (Salaried or Self Employed) who are interested in buying their own dream car, the car must be in the UAE and these cars can be New or Used cars. In addition to the option of buying the car, Ajman bank offers to finance the car accessories & Insurance and service contract to all customers. Benefits:
• Minimum Salary AED 5,000
• Competitive Profit Rates
• No Salary Transfer is required
• Maximum Finance amount up to AED 600,000
• Maximum Finance tenure up to 5 years
• Takaful (Insurance), service contract and the accessories can be financed
• 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
• 3 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: 25%
  • Heavy vehicle finance: No

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