Ajman Bank - Secured Auto Finance

Ajman Bank - Secured Auto Finance

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With this offer, the customer can enjoy getting an Auto Finance receiving his returns from his Wakala (Fixed Deposit) and buy his car with lower profit rate and no documentation. Benefits:
• Maximum Finance amount up to AED 1,000,000
• No Mortgage required
• No Bank Statements required
• No restrictions on Nationality
• Extremely Low discounted profit rates Required Documents:
• Duly completed and a signed application form
• Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID
• Lien formed signed by the customer to pledge the Wakala against the finance
• Wakala amount needs to be equal to 110% of the finance amount.
• 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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