Car Loans with Salary Transfer

Achieve your goal and get your dream car through an NBAD car loan with salary transfer

The car of your dreams with NBAD Car Loans with salary transfer for competitive interest rates and amounts up to AED 1.5 million or 80% of the car value

  • Competitive interest rates

    From 5.50% p.a. on reducing loan balance
    (Flat 2.74% p.a. for illustration purposes)

  • Generous loan amounts

    Up to AED 1.5 million or 80% of the car value

  • Available to UAE nationals & expats

    For customers who have their salary transferred to an NBAD account

Required documents

  • Vehicle Quotation
  • UAE Driving License
  • Salary Transfer Letter
  • Completed and signed Auto Loan Application Form
  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
  • NBAD Auto Loans Terms and Conditions

Fees and charges

Processing Fees  1% of loan amount (min. AED 500, max. AED 2,500)
Installment Deferral Fee AED 100 per deferral
Advance Payment of Installment 1% of the advance payment
Change in Installment Due Date AED 25
Late Payment Fee 2% of overdue amount (min. AED 50, max. AED 200)
Loan Rescheduling Fee AED 250
Early Settlement Fees 1% of amount prepaid (if partial settlement)
1% of amount outstanding (if full settlement)
1% of amount outstanding, max AED 10,000 (in case of buyout)

Borrow, invest or save with NBAD

View our wide range of products, including credit cards, mortgages, investment funds and more

*Any flat rate quoted is for illustration purposes only. The effective rate is the reducing balance rate.

Ways to Apply

Visit a Branch

Talk to our experts about your banking needs

Phone Us

Lines Open 24/7

UAE Helpline

600 56 6223

International Helpline

+971 2 635 8001

Email Us

We'll answer your query as soon as possible