Al Hilal Bank Car Loan in UAE

With its car finance facility, you can easily purchase a vehicle and enjoy a number of privileges such as high financing amounts, attractive profit rates, flexible repayment tenure, and much more.

Top Car Loan Plans in Dubai

Al Hilal Bank Auto Loan: Overview

Al Hilal car loan is an ideal and efficient solution to own your dream car without paying the full upfront amount. With swift approvals and minimal paperwork, you can easily get the necessary financing without much hassle.

What’s interesting about this option is that the bank offers separate auto finance options for both new and used cars with attractive profit rates. So whether you want a brand-new vehicle or a second-hand one, you can take advantage of Al Hilal’s auto finance.

Key Features and Benefits of Al Hilal Bank Car Loan

Let’s dive into the specific features and benefits of Al Hilal car loan in the UAE —

• Shariah-compliant car finance
• Competitive profit rates
• Finance amount of up to AED 1,500,000 (AED 1.5 million)
• Repayment period of up to 5 years
• Swift application process
• Finance available for both new and used cars
• Optional salary transfer
• Joint income option available (only with blood relatives)
• Vehicle registration in the name of a third party (only with blood relatives)

Eligibility Criteria to Apply for Al Hilal Bank Car Loan

To get an Al Hilal Bank car loan, you need to meet the following eligibility requirements —

Eligibility	Criteria
Minimum Salary	AED 5,000
Nationality	UAE nationals and expats

Required Documents for Al Hilal Bank Auto Loan

Keep the following documents ready when applying for an Al Hilal Bank car loan —

• Passport
• Residence visa
• Bank statements of the last 3 months
• Quotation

Note✍️

• The bank may ask for additional documents
• All the documents must be valid

Al Hilal Bank Car Loan Calculator

While applying for a vehicle loan, it’s crucial to plan ahead as a significant part of your income will go into repayment. With the Al Hilal car loan calculator, you can do this process quite efficiently. It’s an online tool that helps you estimate your monthly EMIs.

By simply entering key details of your car loan — the loan amount, profit rate, and repayment period — you can instantly get the monthly installment.

Note: You can also access a car loan calculator on Paisabazaar.ae! It’s quite easy to use and brings you benefits like —

• Better financial planning
• No need for paperwork
• Zero error in results!
• Option to compare multiple loan options in one place

How to Apply for a Car Loan in the UAE?

Here’s how you can apply for the best auto loan with Paisabazaar.ae —

Step 1: Go to the homepage of the website and click on ‘Car Loans’

Step 2: Complete and submit the lead form

Step 3: Compare the options on the car loan quotes page and choose the best one

Step 4: Apply for this loan and provide all the necessary details

That’s it — you will soon get a call from one of our executives who will guide you further! 

Frequently Asked Questions