Popular Car Loans
Other Car Loans From Noor Bank
Noor Bank Used Auto Finance
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 information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website 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. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.
Address: Citibank UAE, P.O. Box 749, Dubai, United Arab Emirates.
Used Auto Finance
- Repayment period is up to 60 months
- Interest rate for the given finance is 2.99%
- Minimum salary requirement is AED 5,000
- The reducing rate and the flat rate is 5.47% and 2.99%. This denotes that the computation done was a division of the reduction rate by 1.83
- No salary transfer is required
- Maximum loan amount is AED 500,000 that Noor 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
- Financing is provided for passenger vehicles
- High finance amount is provided by Noor 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
- 24 hour pre-approval
- Financing up to AED 500,000 for expats and AED 750,000 for UAE Nationals
Frequently Asked Questions
⭐ What common mistakes should we avoid while going for car loan?
A. You should not spend more than your loan amount while buying a car.
⭐ Is my information secured with Noor bank?
A. Yes, your information is secured in Noor secure server.
⭐ Should I get auto finance from a dealer or a bank?
A. You should get a loan wherever you find a better deal and suits your requirements.
⭐ Who should apply for auto finance in Noor bank?
A. Anyone who has valid driving license and good credit history can apply for auto finance in Noor bank.
⭐ After submitting my application, after how many days will I get that my application is approved?
A. Within 1-2 days of submitting application, you’ll get to know if it got approved or rejected.
Established in January 2008, Noor Bank (formerly known as Noor Islamic Bank), is a young bank providing a wide range of products and service. With a Mission of ‘wanting to be ranked among the top 100 most-innovative companies in the world’ and a Vision ‘to be recognised as the financial icon of Dubai’, the bank follows these values :
- Customer Centricity
They believe that Islamic banking has the flexibility and the openness to enable them to offer a wide range of products and services when approached correctly.
Get in touch with Noor Bank Customer Care