# Emirates NBD Car Loan
**Original Url:** https://www.paisabazaar.ae/car-loans/emirates-nbd-car-loan/
Emirates NBD is a leading bank in the UAE and ranks among the top 100 global banking brands. The bank features attractive products and services for both individuals and businesses, including bank accounts, cards, loans, etc. Among its diverse offerings, the Emirates NBD car loan is a popular choice. It allows you to finance your dream car with secured loan options and low interest rates. ...read more
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
Plan Name Auto Loans
Minimum Salary (AED) 5000
Fixed Rate 1.99%
Reducing Rate N/A
Flexible Repayment
Free Bank Account
Minimum Documentation
Abu Dhabi Commercial Bank
Plan Name Car Loan
Minimum Salary (AED) 5000
Fixed Rate 1.99%
Reducing Rate 3.65%
Flexible Repayment
Fast Track Approvals
Minimum Documentation
Emirates NBD
Plan Name Flexi Drive
Minimum Salary (AED) 5000
Fixed Rate 1.92%
Reducing Rate N/A
Fast Track Approvals
Minimum Documentation
Abu Dhabi Islamic Bank
Plan Name Car Finance
Minimum Salary (AED) 5000
Fixed Rate N/A
Reducing Rate N/A
Flexible Repayment
Fast Track Approvals
Minimum Documentation
RAKBANK
Plan Name Car Loans
Minimum Salary (AED) 5000
Fixed Rate N/A
Reducing Rate N/A
Flexible Repayment
No Salary Transfer
Minimum Documentation
Table of Content
* [Top Car Loan Plans in Dubai](#top-car-loan-plans-in-dubai)
* [Emirates NBD Car Loan - Overview](#emirates-nbd-car-loan--overview)
* [Types of Emirates NBD Car Loan in the UAE](#types-of-emirates-nbd-car-loan-in-the-uae)
* [Features and Benefits of Emirates NBD Car Loan](#features-and-benefits-of-emirates-nbd-car-loan)
* [Emirates NBD Car Loan Requirements](#emirates-nbd-car-loan-requirements)
* [Emirates NBD Car Loan Calculator](#emirates-nbd-car-loan-calculator)
* [Exciting Emirates NBD Car Loan Offers](#exciting-emirates-nbd-car-loan-offers)
* [How to Apply for an Emirates NBD Car Loan?](#how-to-apply-for-an-emirates-nbd-car-loan)
## 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](https://www.paisabazaar.ae/car-loans/) 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](https://www.paisabazaar.ae/car-loans/articles/emirates-nbd-car-loan-calculator/)
Car Loan EMI Calculator
Total Interest AmountAED 0
Monthly InstalmentAED 0
Total Payable (Principal + Interest)AED 0
Loan Amount
AED
10,00010,000,000
Interest Rate
%
150
Reducing Rate (1% - 50%)
Loan Tenure
160
(Minimum & Maximum Months)
## 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:
1
Click on “Car Loan” on Paisabazaar.ae
2
Fill out the form by entering the required details
3
Compare the options available on the quote page
4
Select one that fits your needs and budget
5
Click on “Apply”
4
Our representative will contact you shortly
Apply for Car Loan From Paisabazaar.ae!
### Q1. Can I apply for an Emirates NBD car loan online?
Yes, Emirates NBD offers a contactless digital loan option, and with this, you can easily apply for an auto loan without any paperwork and hassles.
### Q2. Why should I choose an Emirates NBD car loan in the UAE?
Emirates NBD is one of the leading banks, offering auto loans with unparalleled features and benefits, such as a streamlined application process, customized repayment options, the lowest interest rates, and more.
### Q3. Can I get an Emirates NBD used car loan in the UAE?
Yes, the bank offers finance options for both new and used cars across the UAE.
### Q4. What are the eligibility criteria to apply for an Emirates NBD car loan?
Emirates NBD offers different car loan options, and each type has different eligibility criteria.
### Q5. What happens if I don't make my car loan repayments?
If you fail to repay the installment amount of your car loan, the bank has the right to take your car as loan security. Furthermore, it also affects your credit score.
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