HSBC - Pre-owned Cars Finance

HSBC - Pre-owned Cars Finance

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Features & Benefits:
• Rates starting from 2.99% p.a.
• No mandatory salary transfer to HSBC is required
• Loan amounts up to AED 918,000 depending on your eligibility
• Reduced monthly instalments with Balloon repayment option
• Competitive motor insurance rate for saloons and four-wheel drives
• Dedicated sales specialists at your service
• Available for all types of saloon, four-wheel drive vehicles and motorcycles
• Get an HSBC current account with no minimum balance requirement for the duration of your loan Eligibility:
• You are a UAE national or expatriate resident aged between 21 and 65 years
• You earn a minimum monthly salary of AED 7,500 per month Documents Required:
• Valid Emirates ID
• Valid passport copy (valid UAE visa for expatriates)
• Valid UAE driving licence copy
• Copy of the last three months' salary or income transfer bank statements (a longer period may be required if cheque returns are identified)
• Proof of income – salary certificate/salary transfer letter if salary is not assigned to HSBC Bank or other banks under narration salary
• Repayment mechanism – standing instruction plus an updated security cheque from a salary-assigned account
• HSBC Middle East Finance Company Limited application form and agreement fully completed in block letters and signed in the presence of a sales specialist

  • Business vehicle finance: No
  • Only for listed companies: No
  • Down Payment: 20%
  • Heavy vehicle finance: No

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