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Standard Chartered UAE offers both conventional Used Car Loans and Islamic Saadiq Auto Finance with flat rates from 2.49% p.a., reducing-balance rates from 4.72% p.a., financing up to AED 1,000,000, tenures up to 60 months, transparent fees, flexible deferment, and premium customer benefits.
| Product | Structure | Flat Rate p.a. | Reducing Rate p.a. | Max. Finance Amount | Tenure |
| Used Car Loan | Conventional | From 2.49% | From 4.72% | AED 1,000,000 | Up to 60 mths |
| Saadiq Auto Finance | Murabaha | From 2.49% | N/A | AED 1,000,000 | Up to 60 mths |
| Green Car Discount (EV/Hybrid) | Both | –0.10% on flat rate* | N/A | Same as above | Same as above |
*for select electric/hybrid vehicles
Schedule of Fees & Charges
| Fee Type | Charge |
| Processing Fee | 1.05% of financed amount – minimum AED 525, maximum AED 2,625 |
| Early/Partial/Final Settlement Fee | 1% of outstanding principal (no cap) |
| Late Payment Penalty | AED 210 per missed instalment |
| Instalment Deferment | AED 105 per deferment; one free deferment per 12 installments |
| Post-dated Cheque Replacement | AED 100 per cheque |
| Cooling-Off Period | 5 business days – full refund of processing fee if cancelled |
| Vehicle Pledge Registration/Release | Free (RTA fees apply separately) |
| KYC & Documentation Fee (Saadiq only) | Included in Murabaha cost |
All charges inclusive of 5% VAT.
Completed application form and signed declarations
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