Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
ADIB New Car Finance - Ijarah
New Car Finance - Ijarah
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 3.99%
- Minimum salary requirement is AED 10,000
- The reducing rate and the flat rate is 7.23% and 3.99%. This denotes that the computation done was a division of the reduction rate by 1.814
- No salary transfer is required
- Maximum loan amount is AED 750,000 that ADCB bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 1000
- 0% down payment is required for this finance
Benefits
- High finance amount and low minimum salary requirement is there for given finance
- The given finance is Sharia-compliant
- Long repayment period for this loan
- Convenient features like one signature application
- As low as 3.99% rates on new cars
- Approval is quick
- Documentation is simple
- Finance up to 80% of the car price
- For the first year you can get free ADIB Visa Cashback Card
- Salary transfer is not required
Frequently Asked Questions
⭐ Can I apply for car loan while on unemployment?
A. Yes, ADIB helps unemployed applicants in getting car loan.
⭐ Is it safe to submit my personal information over internet?
A. Your personal information is safe with ADIB as the bank’s website has been equipped with advanced security features.
⭐ Can a college student get ADIB car loan without job?
A. Yes, if a student is above 18 years then it is possible in some cases to provide car loan to unemployed students.
⭐ What will happen if I don’t pay EMI’s on time?
A. You can miss 1 or 2 payments but more then that you will be treated as defaulter by ADIB bank.
⭐ Can my loan application get rejected by ADIB Bank?
A. Yes, your loan application can get rejected if you don’t have good credit history.
ADIB
ADIB is a Public Joint Stock company and is one of the largest banks in the UAE region. Its values include transparency in services, an atmosphere of hospitality and tolerance followed by nature of simplicity and sensibility.
ADIB stands as one of the best banks of UAE by carrying out all the transactions, contracts and services by abiding Ismalic Shari'a principles.
Get in touch with ADIB Customer Care