Minimum Salary
0,00 د.إ
Emirates NBD offers both fixed-rate and variable-rate auto loans with flat‐rate equivalents starting from 2.13% p.a., reducing‐balance rates from 3.75% p.a., financing up to 80% of vehicle cost (max AED 750,000), tenures up to 60 months, transparent fees, and digital convenience.
| Loan Type | Interest Structure | Indicative Rate Range | APR Range (indicative) |
| Fixed Rate | Reducing balance | 3.75% – 9.00% p.a. | 4.40% – 9.65% p.a. |
| Equivalent flat rate | 2.134% p.a. (at 3.99% reducing) | 4.38% p.a. (with processing) | |
| Variable Rate | EIBOR + margin; resets monthly/6 months | 3.74% – 6.75% p.a. | 4.38% – 7.15% p.a. |
| Finance Amount | Up to AED 750,000 (80% LTV) | ||
| Tenure | 12 – 60 months | ||
| Down Payment | Minimum 20% of vehicle cost |
EMI calculated on reducing balance; APR includes processing fee.
Schedule of Fees & Charges
| Fee Type | Charge |
| Processing Fee | 1.05% of loan amount – min AED 525, max AED 2,625 (inclusive of VAT) |
| Early/Partial/Final Settlement | 1.05% of settled amount or AED 10,500, whichever is lower (inclusive of VAT) |
| Partial Payment Shortfall Fee | AED 52.50 per missed instalment (inclusive of VAT) |
| Late Payment Fee | AED 52.50 per missed instalment (inclusive of VAT) |
| Post-Dated Cheque Replacement | AED 100 per cheque (inclusive of VAT) |
| Cooling-Off Period | 5 business days – full refund of processing fee if cancelled |
| Loan Reschedule/Deferment | AED 100 per deferment or reschedule request |
| Mortgage Release (post-settlement) | No bank charge (RTA release fees apply separately) |
All fees inclusive of VAT unless stated otherwise.
| Applicant Type | Required Documents |
| All Applicants | Emirates ID; passport + UAE visa; dealer’s proforma invoice |
| Salaried | Salary certificate or employment contract; last 3 months’ bank statements |
| Self-Employed | Trade license; last 2 years’ audited financials; last 6 months’ business bank statements |
| Additional | Completed application form; post-dated cheques or direct-debit mandate (120% of EMI value) |
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