Credit Bureau Consent, Welcome Offer & General Terms & Conditions
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Ajman Bank Standard Car Loan
Standard Car Loan
Features
- Maximum tenure of 5 years is provided
- A minimum salary of AED 5000 is required
- Maximum finance of AED 600,000 is provided
Benefits
- Salary transfer is not mandatory
- Can get finance for both used and new cars
- Quick approval
- High finance is provided
Frequently Asked Questions
⭐ Are there any benefits provided on installment payments?
A. The first installment can be paid in within 90 days.
⭐ Are installment benefits provided on used cars as well?
A. For used cars, the first installment can be paid within 60 days.
⭐ Can I get finance to purchase car accessories as well?
A. Yes. You can avail finance for takaful insurance, accessories purchase also.
⭐ Are self-employed individuals eligible?
A. Yes. Self-employed individuals are eligible.
⭐ Is it mandatory to get car quotation?
A. Yes. Car quotation is a mandatory document to get the loan.
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