Overview

Under this product variant, customer approaches the Bank and requests for financing his dream car while he pays 50% of the car value to the dealer and wants to finance the other 50% with little documentation and no car restrictions 

Features & Benefits*

• Extremely Competitive Profit Rates
• Minimum Salary AED 5,000
• No Salary Transfer is required
• Maximum Finance amount up to AED 1.5 Million
• Maximum Finance tenure up to 5 years
• Finance available for new and used cars,
• First Installment within 90 days for new cars and 60 days for used cars
• Quick and Fast Approvals.
• 50% Down Payment

*Terms and conditions apply

KFS Link

Documentation

• Duly completed and signed application form
• Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID

• 3/6 months Bank statement
• Labor card copy
• Salary Certificate
• Copy of Trade License (Self-employed)
• Car Quotation from franchise dealer or Evaluation from an approved evaluator

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