100 Mn+ worth of

Everyone who is eligible for a loan is also eligible for a Zero downpayment. Once you apply for a loan, the bank will assess your eligibility basis your monthly income, DBR (Debt Burden Ratio, i.e. how much of your monthly income is already going towards existing EMIs or loans) and other factors, and finance upto 80% of the total vehicle cost.

Yes. You can still apply for a loan if you already have a running loan. However, in this case, the maximum monthly EMI you can avail will change depending on the running loan monthly EMI. You can check your eligibility in our calculator section above.

Yes. If unfortunately, you do not meet the requirements for the loan, an immediate family member can apply for a loan for your car.

Interest rate is a rate that the bank charges on the loan availed by the customer, and is calculated on the full original loan amount for the whole term without taking into consideration the periodic payments. In other words, interest is charged on the full amount of the loan throughout its loan tenure. The interest rates are different for auto loans and personal loans and may vary from month to month. Your Relationship Manager will help you with the applicable interest rates based on your profile and choice of bank.

The minimum salary requirement for a loan depends on the individual banks. Generally, it varies from AED 3000-6000 per month depending on if you are salaried/self-employed, and a banking/non-banking customer with the bank etc.