Check Eligibility for Emirates NBD
Car Loan

You are eligible to apply for a Emirates NBD
Car Loan .

You may not be eligible * to apply.

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

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Emirates NBD Car Loan Calculator

Car Loan Provided By Emirates NBD

Last Updated on 11-10-2019

Check Eligibility for Emirates NBD Car Loan

You are eligible to apply for a Emirates NBD
Car Loan .

You may not be eligible * to apply.

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

Click here to check loans from other banks.

Emirates NBD Car Loan Calculator

ADIB Smart Account

Features of Emirates NBD Car Loan

Emirates NBD offers a wide variety of auto finances catered to different needs:

  • Feature Packed Auto Loan - Standard Auto Loan
  • Fixed Deposit Auto Loan - 50%
  • downpayment is used a fixed deposit to earn money from it
  • Staggered Installments Loan - Gradually increase your installments
  • Balloon buy back Programme - Pay 50% only - EMI on the same

Every loan has its own distinct feature. Some of the common features are:

  • Same day approvals
  • Flexible payments option
  • Free bank account
  • Free credit card for one year
  • Auto Protect credit life insurance
  • Online Salik recharges
  • RTA fine payment facility
  • Free annual renewal of your registration

Documents Required of Emirates NBD Car Loan

  • Valid Emirates ID (For UAE Nationals) with a copy
  • Original passport with a copy (For Expatriates)
  • Residential visa with a copy (For Resident foreigners including expatriates)
  • Past 3 months active bank account statements
  • Copy of the trade license (For self-employed)
  • Memorandum & Articles of Association
  • Power of Attorney along with the power to borrow

In case the borrower is a minor, then there must be a co-borrower (natural or legal guardian)

  • Valid passport and visa page of the co-borrower
  • Income documents as applicable
  • For companies acting as co-borrowers
  • TL & MOA will be needed
  • Passport copies of the partners

Note: These are essential documents as listed up by the bank and may ask for more documents of needed. It is recommended to contact the nearest branch for more information.

Emirates NBD Car Loan Interest rates

Emirates NBD Bank

10 Emirates NBD Bank Car Loans

New Auto Loans for Self Employed

minimum salary

Minimum Salary

AED 25K

flat rate

Flat Rate

2.74%

reducing rate

Reducing Rate

4.97%

loan amount

Loan Amount

AED 750K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 25K

Minimum Salary

flat rate

2.74%

Flat Rate

reducing rate

4.97%

Reducing Rate

loan amount

AED 750K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 2.74%
  • Minimum salary requirement is AED 25,000
  • The reducing rate and the flat rate is 4.97% and 2.74%. 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 750,000 that Emirates NBD 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

  • High finance amount is provided by Emirates NBD 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
  • Minimum salary requirement is low
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments

View details on bank page

Murabaha New Auto Finance for Self Employed

minimum salary

Minimum Salary

AED 25K

flat rate

Flat Rate

2.74%

reducing rate

Reducing Rate

4.97%

loan amount

Loan Amount

AED 750K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 25K

Minimum Salary

flat rate

2.74%

Flat Rate

reducing rate

4.97%

Reducing Rate

loan amount

AED 750K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 2.74%
  • Minimum salary requirement is AED 25,000
  • The reducing rate and the flat rate is 4.97% and 2.74%. This denotes that the computation done was a division of the reduction rate by 1.812
  • No salary transfer is required
  • Maximum loan amount is AED 750,000 that Emirates NBD 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

  • High finance amount is provided by Emirates NBD 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
  • Minimum salary requirement is low
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • You get a current account with zero balance
  • For the first year you can get a credit card with no annual fees
  • Preferential rates for motor insurance

View details on bank page

Packed New Auto Loan

minimum salary

Minimum Salary

AED 5K

flat rate

Flat Rate

2.49%

reducing rate

Reducing Rate

4.52%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

AED 500

down payment

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

2.49%

Flat Rate

reducing rate

4.52%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

AED 500

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 72 months
  • Interest rate for the given finance is 2.49%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 4.52% and 2.49%. This denotes that the computation done was a division of the reduction rate by 1.813
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is AED 500
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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 72 months
  • Documentation is simple
  • Minimum salary requirement is low
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments

View details on bank page

Used Auto Loans for Self Employed

minimum salary

Minimum Salary

AED 25K

flat rate

Flat Rate

3.15%

reducing rate

Reducing Rate

5.71%

loan amount

Loan Amount

AED 750K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 25K

Minimum Salary

flat rate

3.15%

Flat Rate

reducing rate

5.71%

Reducing Rate

loan amount

AED 750K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 3.15%
  • Minimum salary requirement is AED 25,000
  • The reducing rate and the flat rate is 4.52% and 3.15%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 750,000 that Emirates NBD 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

  • High finance amount is provided by Emirates NBD 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
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • Minimum salary requirement is low

View details on bank page

Murabaha Used Auto Finance for Self Employed

minimum salary

Minimum Salary

AED 25K

flat rate

Flat Rate

3.15%

reducing rate

Reducing Rate

5.71%

loan amount

Loan Amount

AED 750K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 25K

Minimum Salary

flat rate

3.15%

Flat Rate

reducing rate

5.71%

Reducing Rate

loan amount

AED 750K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 3.15%
  • Minimum salary requirement is AED 25,000
  • The reducing rate and the flat rate is 5.71% and 3.15%. This denotes that the computation done was a division of the reduction rate by 1.813
  • No salary transfer is required
  • Maximum loan amount is AED 750,000 that Emirates NBD 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

  • High finance amount is provided by Emirates NBD 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
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • Minimum salary requirement is low

View details on bank page

New Staggered Installment Plan

minimum salary

Minimum Salary

AED 5K

flat rate

Flat Rate

2.49%

reducing rate

Reducing Rate

4.61%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

AED 500

down payment

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

2.49%

Flat Rate

reducing rate

4.61%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

AED 500

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 72 months
  • Interest rate for the given finance is 2.49%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 4.61% and 2.49%.
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is AED 500
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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
  • Minimum salary requirement is low
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments

View details on bank page

Fixed Deposit New Auto Loan

minimum salary

Minimum Salary

AED 18K

flat rate

Flat Rate

2.49%

reducing rate

Reducing Rate

4.61%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

AED 500

down payment

Down Payment

20%

minimum salary

AED 18K

Minimum Salary

flat rate

2.49%

Flat Rate

reducing rate

4.61%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

AED 500

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 4.61%
  • Minimum salary requirement is AED 18,000
  • The reducing rate and the flat rate is 4.61% and 2.49%
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is AED 500
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • Minimum salary requirement is low

View details on bank page

Used Staggered Installment Plan

minimum salary

Minimum Salary

AED 5K

flat rate

Flat Rate

4.9%

reducing rate

Reducing Rate

8.89%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

4.9%

Flat Rate

reducing rate

8.89%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 4.9%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 8.89% and 4.9%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • Minimum salary requirement is low

View details on bank page

Packed Used Auto Loan

minimum salary

Minimum Salary

AED 5K

flat rate

Flat Rate

4.9%

reducing rate

Reducing Rate

8.89%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

4.9%

Flat Rate

reducing rate

8.89%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 4.9%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 8.89% and 4.9%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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
  • Minimum salary requirement is low
  • You get a complimentary Salik Card of up to AED 500 loaded and free annual registration renewal
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments

View details on bank page

Fixed Deposit Used Auto Loan

minimum salary

Minimum Salary

AED 18K

flat rate

Flat Rate

4.9%

reducing rate

Reducing Rate

8.89%

loan amount

Loan Amount

AED 250K

early settlement fee

Early Settlement Fee

4%

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

minimum salary

AED 18K

Minimum Salary

flat rate

4.9%

Flat Rate

reducing rate

8.89%

Reducing Rate

loan amount

AED 250K

Loan Amount

early settlement fee

4%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 4.9%
  • Minimum salary requirement is AED 18,000
  • The reducing rate and the flat rate is 8.89% and 4.9%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
  • Early settlement fee is 4% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% down payment is required for this finance

Benefits

  • High finance amount is provided by Emirates NBD 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
  • Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments
  • Minimum salary requirement is low

View details on bank page

About Emirates NBD

In 2007, Emirates Bank International (EBI) and the National Bank of Dubai (NBD), the second and fourth largest banks in UAE, merged to form the banking champion - Emirates NBD. With more than 200 branches and over 900 ATMs and Cash Deposit Machines (CDMs) across the country and overseas, it is globally recognized as the most valued financial services provider in the Middle East. On November 15, 2016, Emirates NBD took over Emirates Money Consumer Finance LLC, becoming a regional consolidation blueprint for banking and finance sector in the UAE.

Corporate Values of the Emirates NBD are:

  • Customer Focus
  • Service Excellence
  • Innovation
  • Passion For Performance
  • Integrity
  • Teamwork

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