Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Car Loan
|
Loan Against Fixed Deposit
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | — | UAE National or Expat aged between 21 and 70 years |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | — |
| Repayment tenure | — | Flexible repayment period up to 48 months |
| Life insurance coverage | — | — |
| Financed Amount | ||
| Security Deposit | ||
| Minimum monthly income (Salary, ) | ||
| Eligibility | If your total monthly income is minimum AED 8,000. UAE National aged between 21 and 65 years (at the loan maturity). Expatriate aged between 21 and 60 years (at the loan maturity) | UAE National or Expat aged between 21 and 70 years / maintain average monthly balances of a minimum of AED 225,000 with CBD |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | Tenures of up to 60 months to suit your needs with possibility of payment deferral | — |
| Tentative rate | — | — |
| Additional Benefits | Finance available for both new and used cars, Simple documentation and fast processing and Tenures of up to 60 months to suit your needs with possibility of payment deferral. | High Loan amount up to 90% of the value of your Fixed Deposit or AED 20 Million (whichever is less) for FD held with CBD |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | Competitive Interest Rates | — |
| Loan Amount | — | — |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | Deferment facility | 2- Installment deferments in a year. |
| Flat rate | — | — |