Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Fixed Rate Auto Loan
|
Loan against Fixed Deposits
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | — | — |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | — |
| Repayment tenure | — | — |
| Life insurance coverage | — | |
| Financed Amount | ||
| Security Deposit | ||
| Minimum monthly income (Salary, ) | ||
| Eligibility | Minimum down payment: 20% and for salaried customers only | Applicable for NRIs with UAE residence visa, No minimum length of service and Applicable for Salaried and Self Employed |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | Auto loan | Personal Loan |
| Maximum Tenure | Maximum tenure 5 years | Maximum tenure of 48 months |
| Tentative rate | — | 5.29% reducing p.a. |
| Additional Benefits | Having a higher AECB score gives you more benefits, free credit and bank account and Preferred pricing on pre-owned vehicles | Credit Life Insurance, 7 day loan return, Debt consolidation, AECB score, Co-applicant program and Easy loan processing and simple documentation |
| Free Insurance & Processing Fee | — | |
| Interest Rate | Preferential interest rates | Interest rate starting at 2.90% p.a flat |
| Loan Amount | — | — |
| Card/Cards | — | — |
| Borrrowing Amount | You can borrow AED 80,000 Auto Loan with monthly payments as low as AED 1760 | Borrow up to 90% of your fixed deposit amount |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | Avail up to 2 non-consecutive deferments in a loan cycle |
| Flat rate | 2.69% p.a. and reducing rate of 5.06% p.a | — |