Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Car Loan
|
Personal Loan
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | — | — |
| 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, ) | AED 8,000 | |
| 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 aged 21-65 at loan maturity, or Expatriate aged 21-60 at loan maturity; confirmed employee or minimum six months length of service with a CBD approved employer; total monthly inc |
| 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 | 48 months — CONFLICT on the same page. Features section: 'Flexible repayment period up to 48 months for expats, 60 months for UAE nationals'. FAQ section: '48 Months, as stipulated by the Cen |
| 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. | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | Competitive Interest Rates | Competitive interest rates |
| Loan Amount | — | AED 2,500,000 — 'Maximum loan amount is 20 multiples of your monthly salary or up to AED 2.5 million for UAE Nationals, up to AED 1.5 million for Armed forces, up to AED 1 million for pension |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | Deferment facility | Deferment facility |
| Flat rate | — | — |