ADCB New Car Loans for Self Employed


    Min SalaryAED 8,000
    Flat Rate (As Advertised)2.49% p.a.
    Reducing Rate (est. equivalent)4.52% p.a.
    Arrangement Fee1%
    Down payment20%
    Max Finance Amount500,000
    Early Settlement Fee1%

     

    MAIN BENEFITS

    • There is a long repayment tenure of 60 months. You can earn 50 ADCB TouchPoints for every AED 1,000 of your finance amount.

    OVERVIEW OF FEATURES

    • You are required to put 20% as down payment for this finance.
    • The maximum amount of finance offered is AED 500,000.
    • To be eligible for this finance, minimum monthly income should be AED 8,000.
    • It is not a requirement to transfer your income to the bank to be eligible for this finance.
    • The processing fee for Aspire customers is 1% of the finance amount (Minimum AED 500 and Maximum AED 2,500). Privilege Club members pay 0.50% of finance amount and Excellency Customers pay 0% of finance amount.
    • The early settlement fee is 1% of outstanding balance.
    • The rate starts at 2.49% based on a flat rate if you buy the car from Dubai dealers: Gargaash Enterprises and Al Nabooda or Abu Dhabi dealers: EMC, Abu Dhabi Motor, Ali & Sons. The rate starts at 2.75% based on a flat rate if you buy the car from all other dealers.
    • The rate starts at 2.49% based on a flat rate if you buy the car from Dubai dealers: Gargaash Enterprises and Al Nabooda or Abu Dhabi dealers: EMC, Abu Dhabi Motor, Ali & Sons. The rate starts at 2.75% based on a flat rate if you buy the car from all other dealers.

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    ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, … see more..

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