Arab Bank Car Loan in UAE

Arab Bank, one of the most well-known banks across the UAE, offers car finance solutions for both new and used cars. From its inception in 1930, the bank has established itself across the Middle East and beyond with more than 600 branches, exclusive banking products and services, and robust customer support. ...read more

Car Loan in UAE
  • Hassle-free documentation
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates
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Get Car loan at Lowest Interest Rate

Dubai
Abu Dhabi
Sharjah
Ras Al Khaimah

With an Arab Bank car loan, you can easily purchase your dream car and enjoy perks such as high finance amounts, attractive interest rates, and more. 

Let’s find out more about this Arab Bank loan in UAE.

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

Arab Bank Car Loan in the UAE — Overview

Arab Bank auto loan is designed to empower you to get your preferred vehicle. Available with benefits like flexible tenure, easy application process, and competitive interest rates, this loan lets you make a purchase without breaking the bank.

That’s not all — this vehicle loan comes with high finance amounts, a seamless application procedure, minimal documentation, and optional salary transfer requirements.

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Key Features of Arab National Bank Car Loan

Here are the key features of the Arab Bank car loan —

  • Low interest rates starting from 2.49%
  • No salary transfer required
  • High finance amount
  • Flexible repayment tenure of up to 5 years
  • Insurance available at preferential rates
  • Quick approvals
  • Dedicated customer support

Documents Required for Arab Bank Auto Loan

Take a look at the essential documents required when applying for an Arab Bank car loan in the UAE —

✅Emirates ID/Passport/Resident visa (for residents)

✅Proof of salary 

✅Dealer price quotation 

✅6 months bank statement 

✅Car status and price certificate (for used cars)

Note: You may need to submit some additional documents if requested by the bank.

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Arab Bank Car Loan Calculator

With the Arab Bank car loan calculator, it’s easy to find out your monthly repayment amount and manage your future finances. To use this tool, simply enter a few basic details such as your car’s value, interest rate, and loan tenure — you will get the results quickly.

The manual process of estimating instalments can be daunting and consume a lot of time. With this online loan calculator, however, you can enjoy quick results without any effort!

Note: Paisabazaar.ae has its own auto loan calculator that can instantly give you the results.

How to Apply for a Car Loan in the UAE?

With Paisabazaar.ae, you can easily apply for a car loan in the UAE from the comfort of your home. Here’s what you need to do —

  • Select the car loan option on the homepage of Paisabazaar.ae
  • Enter the requested details to complete the form — this includes your 
    • Nationality
    • Monthly salary
    • Contact details
    • Emirate of residence
  • Compare features of various options from the top banks of the UAE 
  • Choose one that meets your requirements
  • Apply for it

It’s done! One of our representatives will get in touch with you and guide you through the further steps.

Frequently Asked Questions

Q1. Are there any processing fees for Arab Bank vehicle loans?

Yes, Arab Bank charges 1% of the loan amount as processing fees.

  1. Minimum fee — AED 500
  2. Maximum fee — AED 2,500
Q2. Is salary transfer mandatory to get an Arab Bank auto loan?

No, you can easily apply for this Arab Bank loan without any salary transfers.

Q3. What happens if I do not make repayments of the Arab Bank car loan?

If you fail to make car loan repayments on time, your credit score can drop. In fact, you can also incur late fines, vehicle (collateral) seizure, and more.

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