CBD Bank Used Tamweel Car Finance

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

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.

• 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.

• 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.