Credit Bureau Consent, Welcome Offer & General Terms & Conditions
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Ajman Bank Exotic Car Finance
Exotic Car Finance
Features
- Flat rate of 2.74% and reducing rate of 5.2% is charged
- A minimum salary of AED 40,000 is required
- Maximum finance of AED 500,000 is provided
- A minimum downpayment of 20% is required
Benefits
- Salary transfer is not required
- High finance is provided to purchase luxury brand vehicles
- Quick processing of loan
Frequently Asked Questions
⭐ How many months bank statements are required?
A. At least 3 months bank statements are required.
⭐ Can we cancel the loan after approval?
A. Yes. You can cancel the loan after approval, but cancellation charges of AED 100 are charged.
⭐ What is the maximum tenure provided?
A. Maximum tenure of 5 years is provided on the finance.
⭐ Are self-employed individuals eligible?
A. Both self-employed and salaried individuals are eligible.
⭐ Are self-employed individuals required to provide trade license?
A. Yes. For self-employed individuals, trade license is a mandatory document.
Ajman
Ajman Bank, launched in 2009 is a young, agile Islamic commercial bank that is built on the values of trust, integrity, and transparency. The Emirate's government owns 25% in the bank which is again a strong support. Their way of measuring excellence is based on how efficiently you think they respond to your financial needs. They have brought the human touch back to banking by listening to you.
Ajman Bank Personal Finance is based on the Islamic financing structure of Murabaha, a commercial transaction which involves the buy and sale of goods that has been promised to be purchased by an ultimate buyer with an added profit margin.
Get in touch with Ajman Bank Customer Care