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Commercial Bank of Dubai

Tamweel Car Loan

  • Competitive interest rate starting from 2.18% flat
  • Flexible repayment period of up to 60 months
  • Finance available for New & Used cars
  • Deferment facility
  • Easy documentation and fast processing

 

Car Loan
List of charges
Requirements/Charges
Processing fee 1% on Loan/Finance Amt. (Min. AED 500 & Max. AED 2,500)
Early / Part Settlement 1% of the outstanding balance or AED 10,000 whichever is lower
Deferment Request AED 100
Reschedule of Loan / FinanceAED 250
NOC to Traffic Department NIL
Advance Payment of Installment 1% of the Advance Payment
Delayed Payment 2% over agreed rate - Min. AED 50 & Max. AED 200

  • National ID or valid passport, residence visa and Emirates ID.
  • Original 3 months bank statement for new customers.
  • Salary Certificate.
  • Drivers license.
  • Dealers quotation for new or used car.

  • If your total monthly income is minimum AED 8,000.
  • UAE National aged between 21 and 65 years (at the loan maturity).
  • Expatriate aged between 21 and 60 years (at the loan maturity)


Call us

Within UAE: 600 575 556

Outside UAE: +971 600 575 556

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