Check Eligibility for Standard Chartered
Car Loan

You are eligible to apply for a Standard Chartered
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a Standard Chartered Car Loan .

Click here to check loans from other banks.

Standard Chartered Car Loan Calculator

Car Loan Provided By Standard Chartered Bank

Check Eligibility for Standard Chartered Car Loan

You are eligible to apply for a Standard Chartered
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a Standard Chartered Car Loan .

Click here to check loans from other banks.

Standard Chartered Car Loan Calculator

Features of Standard Chartered Car Loan

  • Loans based on Murabaha
  • High Amounts of loan (up to AED 1 million)
  • Easy Monthly Payments (up to 60 months)
  • Fast Processing & Approvals
  • No Minimum Balance Requirements
  • Pre-approved titanium credit card (free for first year)
  • 24 x 7 Bank Support

Documents Required of Standard Chartered Car Loan

  • Passport copy and resident visa copy (For resident expatriates)
  • Labour Card / Govt issued ID card copy / Khulasat Al-Qaid (For UAE Nationals)
  • Emirates ID card copy (For UAE Nationals)
  • Salary Certificate/ Salary Transfer letter (For Salaried Applicants)
  • Past three months active bank statements for self-employed(Six months for salaried)
  • Trade License & MOA (for self employed applicants)
  • Driving License copy (for individual registration)
  • Vehicle Registration
  • Quotation of price from the seller

Note: Approvals of loans are at the sole discretion of Standard Chartered Bank UAE. The bank may ask for more documentation if necessary.

Standard Chartered Bank Car Loan Interest rates

standard-chartered Bank

4 Car Loan Provided By Standard Chartered Bank

Saadiq New Auto Finance

Minimum Salary

AED 5K

Flat Rate

2.49%

Reducing Rate

4.72%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 5K

Minimum Salary

2.49%

Flat Rate

4.72%

Reducing Rate

AED 1000K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

New Auto Loan

Minimum Salary

AED 5K

Flat Rate

2.49%

Reducing Rate

4.72%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 5K

Minimum Salary

2.49%

Flat Rate

4.72%

Reducing Rate

AED 1000K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

Used Auto Loan

Minimum Salary

AED 8K

Flat Rate

3.5%

Reducing Rate

6.54%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 8K

Minimum Salary

3.5%

Flat Rate

6.54%

Reducing Rate

AED 1000K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

Saadiq Used Auto Finance

Minimum Salary

AED 8K

Flat Rate

3.5%

Reducing Rate

6.54%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 8K

Minimum Salary

3.5%

Flat Rate

6.54%

Reducing Rate

AED 1000K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

About Standard Chartered Bank

A leading international banking group, with a rich history of over 150 years, Standard Chartered Bank (SCB) has been present in the UAE since 1958. SCB offers a range of products under Islamic and Conventional banking and is one of the leading financial institutions in UAE. Their main objective is ‘to offer outstanding value to customers and clients by providing a knowledgeable, efficient and reliable service in a personal, helpful and responsive manner’.

Corporate Values of the Standard Chartered Bank:

  • Knowledge
  • Efficiency
  • Reliability in Service
  • Personal Approach
  • Helpful and Responsive Mannerisms