NBAD Auto Loans

NBAD Auto Loans* not only convenient but as pleasurable as your first drive in your new car.

With interest rates starting from just 3.49%** on NBAD Auto Loans;
you can now drive away in the car of your choice.

Whether you are considering a brand new car or a pre-owned car, NBAD takes care of the formalities with third parties so you can enjoy your dream car without unnecessary delay.

To get started, here’s what you need to know:

Product Features:

• High loan amounts up to AED 1 million! Loan eligibility based on your total income
  
• Competitive Interest Rates starting from as low as 3.49%**
  (equivalent applicable rate is 6.38% per annum on the reducing balance of the loan)
  
• Available for
• New and Pre-owned vehicles
• Salaried and Self-employed individuals
• NBAD and Non NBAD customers

• Flexible repayment period up to 60 months
• 100% financing of car insurance premium
• Grace Period - Up to 45 days for first installment payment
• Hassle-free Loan application process
• No minimum balance NBAD bank account
• Free for life pre-approved NBAD Credit Card

Eligibility:

• Available for both UAE Nationals and resident Expatriates.

How to apply?

Call us and we will set up an appointment at your nearest branch, or we will arrange for a bank representative to visit you. We will need the following:

• A copy of your passport
• Salary certificate/salary transfer letter/proof of income (if self employed)
• Bank statement (if you’re not already an NBAD customer)

For more on our Auto Loans Product and how to apply,
please call 800 2211 or visit any NBAD branch.

*All Loans are subject to Bank's approval. Terms & Conditions apply.
** The above is a promotional offer which may be amended, replaced, or withdrawn without prior notice.