Emirates NBD Car Loan

Emirates NBD offers unique banking solutions along with attractive features and benefits to help its customers get the best banking products and services which includes, bank accounts, loans, mortgages, credit cards, fixed deposits, and more.

Top Car Loan Plans in Dubai

Emirates NBD Car Loan - Overview

Want to own your dream car but lack funds? Emirates NBD car loan can be your ideal solution — it allows you to own a car without paying the whole amount upfront. A big advantage of this option is that you can enjoy low interest rates and high finance solutions, such as up to 80% of the car value. It protects you from financial burden so that you can enjoy peace of mind.

Along with this, the bank features:

• Minimal documentation
• Easy application process
• Fast approvals
• Exciting offers on car loans

With a diverse range of auto loan options, the bank offers this service for individuals and corporations.

Types of Emirates NBD Car Loan in the UAE

Emirates NBD offers car loans for individuals and companies that are categorized into the following types:

Emirates NBD Car Loan	Car Loan Types
Individual Car Loan	Fixed Rate Auto Loan Green Auto Loan Auto Cash Car Loan Fixed Deposit Auto Loan
Commercial Car Loan	Commercial Vehicle & Construction Equipment Loans

Features and Benefits of Emirates NBD Car Loan

The key features and benefits of the Emirates NBD car loan are as follows:

➡️Comprehensive Car Loan Options

The bank offers comprehensive auto loan options for individuals and businesses. With the multiple options available, it would be easy for you to compare and get the one that suits you better.

➡️High Finance Amount 

With an Emirates NBD auto loan, you can finance up to 80% of the vehicle's cost. However, depending on the type of loan, the financing amount may vary.

➡️Competitive Interest Rate

In comparison to other banks in the UAE, Emirates NBD offers low interest rates on car loans. With that being said, you can enjoy lower interest rates, flexible tenure, and more if you have a good credit score and loan repayment history.

➡️Easy Documentation

Emirates NBD car loan requirements are minimal as you don’t need to submit your salary certificate, driving license, and so on. Without any physical documentation, you can easily get a car loan.

➡️Fast Car Loan Approvals

The bank guarantees you provide instant and fast loan approvals. This simply means that you can secure your car loan quickly and without fuss, saving you significant time.

➡️Transparency

Your trust in Emirates NBD is highly important to them. Thus, the bank delivers a transparent banking service with no hidden surprises.

➡️Convenient Processing and Repayment

The bank provides an online setup to apply for a car loan, and it also offers easy repayment options, such as up to 60 months. Furthermore, the bank finances new and used cars for up to 12 years. This all makes the entire auto loan process smooth and hassle-free.

➡️Excellent Customer Support

The bank is popular across the UAE for its robust customer service. Whether you have queries related to the car loan application process, repayment schedule, eligibility, or more, you can directly access their support.

Emirates NBD Car Loan Requirements

A list of required documents is mentioned below for the Emirates NBD car loan:

Required Documents for Individuals

Salaried Individuals	Self-employed
Loan application form  New car quotation  Valuation of used cars Emirates ID or passport copy  Signed Etihad Credit Bureau consent form and UAE FTS (statement of account)	Car loan application form New car quotation  Car valuation for used cars Original Emirates ID Copy of passport with resident visa page copy  Trade License copy Signed Etihad Credit Bureau consent form and UAE FTS (statement of account) 3 months bank statement (non-banking customers)

Required Documents for Companies

Eligibility Criteria	Required Documents
Limited Liability Company (LLC) Sole Establishments Free Zone Sole Establishments Free Zone Companies Branches of Foreign Companies in the UAE	Power of attorney Bank statement of 6 months and audited financials  Passport  Visa copy of business owner/director/partner Company's inventory of equipment Trade license copy  Memorandum of Association

✍️You may need to submit additional documents if required by the bank. Each car loan type has different eligibility and document requirements.

Emirates NBD Car Loan Calculator

The Emirates NBD car loan calculator is a useful tool that helps you in making informed financial choices. It is used to calculate the monthly installment of an auto loan in the UAE. It requires you to put a few essential details related to your car loan, such as loan amount, tenure, and Emirates NBD car loan interest rate, and you can get an estimated amount as your car loan EMI.

However, manual calculation of car loans can be complicated, and prone to errors. With a car loan calculator, you can make the process easy, effortless and time-saving.

Read more about the Emirates NBD car loan calculator

Exciting Emirates NBD Car Loan Offers

• Get up to 6 months of installments on your auto loan 
• Deferment of the first payment for up to 120 days
• Benefit from 1.89% exclusive interest rate on new cars for Emiratis

How to Apply for an Emirates NBD Car Loan?

Applying for an Emirates NBD car loan is easy and fast with Paisabazaar.ae. By following the steps below, you can easily get a car loan from the bank: