Overview

Individual (Salaried or Self Employed) who are interested in buying their own dream car, the car is must to be in the UAE and these cars can be New or Used cars.  

In addition to the option of buying the car, Ajman bank offers to finance the car accessories & Insurance and service contract to all customers.

Features & Benefits*

• Minimum Salary AED 5,000
• Competitive Profit Rates
• No Salary Transfer is required
• Maximum Finance amount 

        New Cars: AED 1,500,000

        Used Cars: AED 750,000

• Maximum Finance tenure up to 5 years
• Takaful (Insurance), service contract and the accessories can be financed
• Finance available for new and used cars,
• First payment holiday period; upto 45 days
• Quick and Fast Approvals.
• Down payment 20%

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

*Terms and conditions apply

KFS Link

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