Check Eligibility for Ajman
Car Loan

You are eligible to apply for a Ajman
Car Loan .

You may not be eligible * to apply.

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

*No loan for :User_Nationality available in this page

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Ajman Car Loan Calculator

Car Loan Provided By Ajman

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.

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Check Eligibility for Ajman Car Loan

You are eligible to apply for a Ajman
Car Loan .

You may not be eligible * to apply.

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

Click here to check loans from other banks.

Ajman Car Loan Calculator

Features of Ajman Car Loan

  • Highly Competitive Profit Rates
  • Loans upto AED 500,000
  • Repayment tenures up to 5 years
  • No mandatory salary transfers
  • Pre-approved credit card for all applicants
  • Simple documentation & quick approval of finance

Ajman bank offer 6 different types of auto finances:

  • Standard Offering
  • 50-50 Finance Offering
  • Exotic Cars (Luxury Cars) Finance Offering
  • Secured Finance Offering
  • Self Employed Finance Offering
  • Rent A Car Finance / Fleet Finance

Documents Required of Ajman Car Loan

  • Valid passport
  • Copy of Khulasat al Qaid (For UAE Nationals Only)
  • UAE National ID (For UAE Nationals Only)
  • Valid residence Visa(For Expatriates)
  • Past 3 months active bank account statements
  • Labor card copy
  • Salary Certificate (From Employer stating the name, duration, salary and bonus/incentives if any)
  • Copy of Trade License (For Self-employed)
  • Car Quotation from franchise dealer Or
  • Evaluation from an approved evaluator

Note: Visit the nearest branch for more information. Also, the bank may ask for more documentation, if it sees necessary.

Ajman Car Loan Interest rates

Ajman Bank

3 Ajman Bank Car Loans

Standard Car Loan

Minimum Salary

AED 5K

Flat Rate

2.74%

Reducing Rate

5.2%

Loan Amount

AED 600K

Early Settlement Fee

1%

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

2.74%

Flat Rate

reducing rate

5.2%

Reducing Rate

loan amount

AED 600K

Loan Amount

early settlement fee

1%

Early Settlement Fee

down payment

20%

Down Payment

Features

  • Maximum tenure of 5 years is provided
  • A minimum salary of AED 5000 is required
  • Maximum finance of AED 600,000 is provided
Apply Now

Features

  • Maximum tenure of 5 years is provided
  • A minimum salary of AED 5000 is required
  • Maximum finance of AED 600,000 is provided

Benefits

  • Salary transfer is not mandatory
  • Can get finance for both used and new cars
  • Quick approval
  • High finance is provided
Apply Now
View Details

View details on bank page

Exotic Car Finance

Minimum Salary

AED 40K

Flat Rate

2.74%

Reducing Rate

5.2%

Loan Amount

AED 500K

Early Settlement Fee

1%

Down Payment

20%

minimum salary

AED 40K

Minimum Salary

flat rate

2.74%

Flat Rate

reducing rate

5.2%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

down payment

20%

Down Payment

Benefits

  • Salary transfer is not required
  • High finance is provided to purchase luxury brand vehicles
  • Quick processing of loan
Apply Now

Features

  • Flat rate of 2.74% and reducing rate of 5.2% is charged
  • A minimum salary of AED 40,000 is required
  • Maximum finance of AED 500,000 is provided
  • A minimum downpayment of 20% is required

Benefits

  • Salary transfer is not required
  • High finance is provided to purchase luxury brand vehicles
  • Quick processing of loan
Apply Now
View Details

View details on bank page

Self-Employed Finance Offer

Minimum Salary

AED 8K

Flat Rate

2.74%

Reducing Rate

5.2%

Loan Amount

AED 400K

Early Settlement Fee

1%

Down Payment

20%

minimum salary

AED 8K

Minimum Salary

flat rate

2.74%

Flat Rate

reducing rate

5.2%

Reducing Rate

loan amount

AED 400K

Loan Amount

early settlement fee

1%

Early Settlement Fee

down payment

20%

Down Payment

Features

  • Maximum tenure of 5 years is provided
  • Interest rates charged are 2.74%(flat rate) and 5.2%(reducing rate)
  • A minimum income of AED 8000 is required
Apply Now

Features

  • Maximum tenure of 5 years is provided
  • Interest rates charged are 2.74%(flat rate) and 5.2%(reducing rate)
  • A minimum income of AED 8000 is required
  • Maximum finance of AED 400,000 is provided
  • A down payment of 20% is required

Benefits

  • For new cars, can pay the first installment in 90 days after the loan is disbursed
  • For old cars, can pay the first installment in 60 days after the loan is disbursed
  • Quick approval of the loan
  • High finance is provided
Apply Now
View Details

View details on bank page

About Ajman

Ajman Bank, launched in 2009 is a young, agile Islamic commercial bank that is built on the values of trust, integrity, and transparency. The Emirate's government owns 25% in the bank which is again a strong support. Their way of measuring excellence is based on how efficiently you think they respond to your financial needs. They have brought the human touch back to banking by listening to you.

Ajman Bank Personal Finance is based on the Islamic financing structure of Murabaha, a commercial transaction which involves the buy and sale of goods that has been promised to be purchased by an ultimate buyer with an added profit margin.

   Get in touch with Ajman Customer Care

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