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 .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Standard Chartered Car Loan Calculator

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.

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Car Loan Provided By Standard Chartered

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 Car Loan Interest rates

Standard Chartered Bank

1 Standard Chartered Bank Car Loans

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%

minimum salary

AED 5K

Minimum Salary

flat rate

2.49%

Flat Rate

reducing rate

4.72%

Reducing Rate

loan amount

AED 1000K

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 84 months
  • Interest rate for the given finance is 2.49%
  • Minimum salary requirement is AED 5,000

Features

  • Repayment period is up to 84 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 4.72% and 2.49%. This denotes that the computation done was a division of the reduction rate by 1.814
  • Salary transfer is not required
  • Maximum loan amount is AED 1,000,000 that Standard Chartered 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 Standard Chartered 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 84 months
  • Documentation is simple
  • Loan can be provided upto 100% vehicle price

View details on bank page

About Standard Chartered

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

   Get in touch with Standard Chartered Bank Customer Care