Check Eligibility for Dubai Islamic
Car Loan

You are eligible to apply for a Dubai Islamic
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 3000 required to apply for a Dubai Islamic Car Loan .

Click here to check loans from other banks.

Dubai Islamic Car Loan Calculator

Car Loan Provided By Dubai Islamic

Check Eligibility for Dubai Islamic Car Loan

You are eligible to apply for a Dubai Islamic
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 3000 required to apply for a Dubai Islamic Car Loan .

Click here to check loans from other banks.

Dubai Islamic Car Loan Calculator

Zero Balance Free account

Features of Dubai Islamic Car Loan

  • Finance available for used and new cars
  • Repayment tenures of up to 5 years
  • Salary Transfer not Mandatory
  • Low minimum monthly income requirement

High Loan Amounts:

  • Upto AED 1.5 million for individuals
  • Upto AED 5 million for non-individuals

Eligibility Criteria of Dubai Islamic Car Loan

  • Minimum Monthly Salary: AED 3000
  • Minimum Age: 21 years
  • Maximum Age: 65 years (60 years for expatriates)

Documents Required of Dubai Islamic Car Loan

  • Personal bank account statements
  • Salary Certificate (For Salaried)
  • Trade License/Partnership Agreement (For Self Employed)
  • Valid passport/Khulasat Al Qaid (For UAE nationals)
  • Valid Emirates ID (For UAE Nationals)
  • Valid Residence Visa (For expatriates)
  • Quotation from seller

Note: Additional documents may be required depending upon the eligibility and type of loans being procured. Contact your nearest branch for details.

Dubai Islamic Car Loan Profit Rates

dubai-islamic-bank Bank

5 Car Loans Provided By Dubai Islamic

Al Islami Used Car Finance

Minimum Salary

AED 3K

Flat Rate

2.75%

Reducing Rate

5.19%

Loan Amount

AED 1500K

Early Settlement Fee

1%

Arrangement Fee

AED 2500

Down Payment

20%

AED 3K

Minimum Salary

2.75%

Flat Rate

5.19%

Reducing Rate

AED 1500K

Loan Amount

1%

Early Settlement Fee

AED 2500

Arrangement Fee

20%

Down Payment

Al Islami New Car Finance

Minimum Salary

AED 3K

Flat Rate

2.35%

Reducing Rate

4.42%

Loan Amount

AED 1500K

Early Settlement Fee

1%

Arrangement Fee

AED 2500

Down Payment

20%

AED 3K

Minimum Salary

2.35%

Flat Rate

4.42%

Reducing Rate

AED 1500K

Loan Amount

1%

Early Settlement Fee

AED 2500

Arrangement Fee

20%

Down Payment

Al Islami Auto Ijara

Minimum Salary

AED 3K

Flat Rate

3.5%

Reducing Rate

6.58%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

AED 750

Down Payment

20%

AED 3K

Minimum Salary

3.5%

Flat Rate

6.58%

Reducing Rate

AED 1000K

Loan Amount

1%

Early Settlement Fee

AED 750

Arrangement Fee

20%

Down Payment

Step up Finance

Minimum Salary

AED 3K

Flat Rate

3.25%

Reducing Rate

6.11%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

AED 2500

Down Payment

20%

AED 3K

Minimum Salary

3.25%

Flat Rate

6.11%

Reducing Rate

AED 500K

Loan Amount

1%

Early Settlement Fee

AED 2500

Arrangement Fee

20%

Down Payment

Balloon Finance

Minimum Salary

AED 5K

Flat Rate

3.25%

Reducing Rate

6.11%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

AED 2500

Down Payment

20%

AED 5K

Minimum Salary

3.25%

Flat Rate

6.11%

Reducing Rate

AED 500K

Loan Amount

1%

Early Settlement Fee

AED 2500

Arrangement Fee

20%

Down Payment

About Dubai Islamic

Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.

The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.