Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
NBF Auto Loan NBF Auto Loan Minimum Salary: AED 5,000 Salary Transfer: No Early Settlement Fees: 1% Maximum Term: 5 Years Flat Rate: 2.75% Reducing Rate: 4.95%
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You can get the car of your dreams with an Auto Loan from NBF thanks to our flexible repayment periods of up to five years and up to AED 1 million in financing. Simply choose a new or pre-owned vehicle and we will take care of the rest.



 

Getting the car you've always wanted is easier than you think. Just choose your vehicle and we'll take care of the rest.

Features:
  • Fast approvals
  • Flexible repayment period of up to five years
  • Up to AED 1000,000 in financing
  • Financing of new and pre-owned cars
Documentation required:
  • A copy of your valid passport
  • A copy of your valid residency visa (for expatriates)
  • A copy of your valid driving license
  • A quotation of the vehicle's value, addressed to NBF
 Fees and charges:
1% loan amount (max AED 2500)
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
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