Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
NBAD Auto Loan (Used Cars)

Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 3.99%
- Minimum salary requirement is AED 10,000
- The reducing rate and the flat rate is 7.24% and 3.99%. This denotes that the computation done was a division of the reduction rate by 1.814
- No salary transfer is required
- Maximum loan amount is AED 300,000 that NBAD bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is 1% of the finance amount
- About 20% down payment is required for this finance
Benefits
- Financing is provided for passenger vehicles
- High finance amount is provided by NBAD bank
- Low minimum salary requirement is there for given finance
- Finance can be provided for new as well as used cars
- Maximum repayment period is of 60 months
- Documentation is simple
- Dedicated sales manager will be there to assist you throughout the process
- If salary is transferred then no processing fee will be charged
Frequently Asked Questions
⭐ What is the processing time for the given loan?
A. After submitting all the documents, bank takes 3-7 days in processing the loan and getting it sanctioned .
⭐ Can I apply for car loan while on unemployment?
A. Yes, NBAD helps unemployed applicants in getting car loan.
⭐ Is it safe to submit my personal information over internet?
A. Your personal information is safe with NBAD as the bank’s website has been equipped with advanced security features.
⭐ Can a college student get NBAD car loan without job?
A. Yes, if a student is above 18 years then it is possible in some cases to provide car loan to unemployed students.
⭐ What will happen if I don’t pay EMI’s on time?
A. You can miss 1 or 2 payments but more then that you will be treated as defaulter by NBAD bank.
NBAD
National Bank of Abu Dhabi (NBAD), with its vision to be the World’s Best Arab Bank endeavors to provide the best products and service across the East-West corridor. Featuring in the World’s Top 50 safest banks, NBAD is a bank you can turn to for your financial needs without worry. The values as mentioned on www.nbad.com are :
- Put our customers at the forefront and “do the right things the right way”
- Value our people and foster great teamwork
- Empower our people and hold each other accountable for performance and behaviour
- Respect our heritage and be loyal to our stakeholders
NBAD offers a wide range of personal finance options