ADIB Car Loan

With the Sharia-compliant auto finance solutions of Abu Dhabi Islamic Bank (ADIB), you can easily get your dream car in the UAE. Established in 1997, the bank is known for its top-rated finance services that help you fulfil your personal requirements while honouring your faith.

ADIB Car Loan in UAE
  • Hassle-free documentation
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates
next-icon

Get Car loan at Lowest Interest Rate

Dubai
Abu Dhabi
Sharjah
Ras Al Khaimah

With an ADIB car loan, you get unparalleled privileges such as high financing, competitive profit rates, flexible repayment terms, and much more.

Start a smooth car ownership journey by understanding the key aspects of ADIB auto finance.

Top Car Loan Plans in Dubai

Emirates NBD
Plan Name Auto Loans
Minimum Salary (AED) 5000
Fixed Rate 1.99%
Reducing Rate N/A
Abu Dhabi Commercial Bank
Plan Name Car Loan
Minimum Salary (AED) 5000
Fixed Rate 1.99%
Reducing Rate 3.65%
Emirates NBD
Plan Name Flexi Drive
Minimum Salary (AED) 5000
Fixed Rate 1.92%
Reducing Rate N/A
Abu Dhabi Islamic Bank
Plan Name Car Finance
Minimum Salary (AED) 5000
Fixed Rate N/A
Reducing Rate N/A
RAKBANK
Plan Name Car Loans
Minimum Salary (AED) 5000
Fixed Rate N/A
Reducing Rate N/A

ADIB Car Loan in the UAE — Overview

ADIB car finance is designed for those looking to buy their dream car without any hassles. Open to both UAE nationals and expats, this loan has a seamless application process. Instead of paying a large amount upfront, you can easily get your car and repay affordable installments.

On top of such benefits, the bank provides benefits like minimal paperwork, quick approvals, and added perks like Motor Takaful (Islamic insurance).

Compare Car Loan - Paisabazaar uae

Key Features of ADIB Bank Car Loan

Here are the key features of ADIB car loans in the UAE —

  • Competitive Profit Rates

ADIB offers car finance at competitive profit rates, starting from 1.99%. This lets you save money on interest.

  • Finance Amount

You can get up to AED 1 million as a finance amount with this product. 

  • Flexible Repayment Term

You can repay instalments across a tenure of up to 60 months. 

  • Instalment Holidays

With an ADIB car loan, you can also enjoy a deferment period of up to 210 days for your first instalment. 

  • Motor Takaful

Easily protect your dream car with the Motor Takaful facility.

  • Easily Postpone Your Instalments

Without any additional charges, you can get one installment postponement per year.

  • ADIB Wheels Deals

Interestingly, ADIB can help you get the best car deal due to its partnerships with prominent auto dealers. 

šŸŒŸQuick Tip: The longer you take to repay your loan, the more interest you pay to the bank. For repayments — keep it short and save more!

Benefits of ADIB Auto Loan

With an ADIB motor loan, you can enjoy numerous benefits —

ā³ Flexible repayment options

šŸ’² Low ADIB car loan interest rate

šŸ“Ø Quick processing 

šŸ›”ļø High finance amount of up to AED 1 million (up to AED 500,000 for expats)

Eligibility Criteria for ADIB Car Loan

You need to meet the following eligibility criteria to get an ADIB car loan in the UAE —

Criteria Specification
Minimum Age 21 years old
Maximum Age (at the end of the loan tenure)
  • 65 years for UAE nationals
  • 60 years for expats
Minimum Salary  AED 5,000
Nationality  UAE nationals and expatriates

discount offers - Paisabazaar uae

Documents Required for ADIB Auto Loan

Keep the following documents ready while applying for an ADIB car loan —

  • Passport
  • Emirates ID
  • Driving licence
  • Car quotation
  • 3 months bank statement

šŸ“Note: You may be required to submit additional documents as per the bank’s request.

How to Apply for ADIB Car Loan in the UAE?

Follow these simple steps to apply for an ADIB Bank car loan —

  • Select ‘Car Loan’ on Paisabazaar.ae’s homepage
  • Enter the required details in the lead form
  • Compare different car loan quotes
  • Choose one that is ideal for you and hit the ‘Apply’ button
  • It’s done! One of our representatives will call you shortly

Frequently Asked Question

Q1. Can I get an ADIB car loan if Iā€™m not a UAE national?

Yes, Abu Dhabi Islamic Bank (ADIB) offers auto loan facility to expatriates as well. However, the maximum finance amount and other aspects may vary as per nationality.

Q2. What is the processing fee for the ADIB car loan?

A one-time processing fee of 1% of the principal loan amount, up to a maximum of AED 2500, is charged by ADIB.

Q3. What happens if I do not pay the ADIB car loan installments?

When you miss ADIB car loan installments, you can face consequences such as a drop in your credit score, penalty by the bank, confiscation of your vehicle, and more.

Q4. Can I apply for an ADIB car loan online?

Yes, you can easily apply for an ADIB car loan online.

More From Car Loans

  • Recent Articles