To Speak to an advisor, Kindly Call +971-43233236

Email Us: sales@compare4benefit.com

CBD Bank Used Tamweel Car Finance

CBD Bank Used Tamweel Car Finance
Minimum Salary

8,000 AED

Flat Rate

3.5 %

Reducing Rate

6.4%

Max. Term

5 Years

Salary Transfer

No

Islamic Finance

No

Description

CBD Used Tamweel Car Finance will put you in the Driving seat and behind the steering wheel in no time at all.

Major Advantage: High finance amount

Points to Consider: This finance is only for used cars

Features

Flat Rate: 3.5% p.a.

Reducing Rate: 6.40% p.a. (as per 5 years calc.)

Processing Fees: 1%

Minimum Salary Requirement: AED 8,000

Down Payment Required: 20%, bank can increase it to 30% depends on the profile of the client

Repayment Period: 5 Years

Early Settlement Fees: 1% of outstanding amount (Max cap AED 10,000)

Sharia Compliant: No

Salary Transfer Required: Not Compulsory

Maximum Finance Amount: AED 500,000

Other Features:  Earn Attijari points for every AED 1,000 of Financing amount. Get free Attijari Registration for the first year.

Documents Required
  • Valid passport, Resident visa and Emirates ID Copy. 
  • Latest 3 months salary bank statement.
  • Driving license.
  • Salary Certificate.
  • Any other documentation which may be required according to CBD Bank policies.
  • Evaluation from approved evaluator addressed to CBD Bank.
Additional Info
  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • Flat rate is converted into reducing rate as per 5 years calculation.
  • Terms and conditions apply.    
Apply and Request Call Back
Fill in your details below and a product advisor will call you back with more details.
EMI Calculator
MORE OPTIONS FOR YOU