CsBD Tamweel Car Loan Features:
• Competitive interest rate
• Flexible repayment period of up to 60 months
• Finance available for new and used cars
• Deferment facility
• Easy documentation and fast processing
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 new or used car
• Eligibility Criteria:
• If you are UAE National aged between 21 and 65 years (at the loan maturity) or if you are an Expatriate aged between 21 and 60 years (at the loan maturity).
• If your total monthly income is minimum AED 8,000.
Business vehicle finance
No
Only for listed companies
No
Down Payment
20%
Heavy vehicle finance
No
Insurance/takaful
No
Max. finance amount
No
Maximum Tenure
5 Years
Minimum Salary
AED 8000
Auto type
Both
Fixed rate
2.18%
Settlement Fee
1%
Processing Fee
No
Working Status
Employed
Reducing rate
5.00%
Salary Transfer
Yes
Monthly Payment
AED 1409
EPP Tenor : 3, 6, 9 or 12 Months
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If you are interested in any of our products and services and would like a member of our sales team to get in touch with you
