Car Loan Interest Rates in Dubai & UAE

Interest Rate Reducing**	3.99% to 18.00%*
Processing Fees	1% of loan amount Min. AED 500 Max. AED 2500
Early Settlement	1% of remaining balance
NOC to Traffic department	Without fee
Replacement of existing post dated Cheques with new post dated Cheques	Without fees
Advance payment of installment	1% of the advanced payment
Change of due date on standing instructions	AED 25
Installment deferment charges	AED 100 per deferment
Loan Rescheduling	AED 250
Late payment penal interest charges	2% over agreed rate, Min. AED 50 Max. AED 200
All other items not mentioned above	Without fees

*Rates are subject to change

* You can convert reducing interest rate to flat interest rate by dividing the reducing rate by 1.80%

You can check your personalized Car loan eligibility instantly by completing 3 simple steps. Click Here > Check Eligibility

Bankbychoice is a unique neutral online marketplace launched by professionals from the banking industry. Every banks product offerings and features differ from one another. We know this business better, we at bankbychoice, will understand your exact requirement, compare the various available options in the market and guide you until product fulfillment.

#302, #319, Al Nasr Plaza Office Tower, Oud Metha, Dubai, P.O Box: 4185, U.A.E

043 474 768 / 045 283 500

info@bankbychoice.com

Car Loan Interest Rates

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