Credit Bureau Consent, Welcome Offer & General Terms & Conditions

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Dunia Finance Dunia Car Cash In

Dunia Finance Bank

WarningMessage This product is discontinued by the Bank

Dunia Car Cash In

Minimum Salary

AED 5K

Flat Rate

9.92%

Reducing Rate

18%

Loan Amount

AED 75K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

0%

minimum salary

AED 5K

Minimum Salary

flat rate

9.92%

Flat Rate

reducing rate

18%

Reducing Rate

max finance

AED 75K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

0%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 18%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 18% and 9.92%. 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 75,000 that Dunia bank can provide
  • Early settlement fee is 1% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 0% down payment is required for this finance

Benefits

  • High finance amount and low minimum salary requirement is there for given finance
  • Finance can be provided for new as well as used cars
  • Maximum repayment period is of 60 months
  • 30 minutes approval
  • Documentation is simple
  • Minimum salary requirement is low

Frequently Asked Questions

⭐ Can I get loan for new or used cars in Dunia?

A. Yes, but Dunai has different bank schemes for used car loans.

⭐ What if I am studying outside UAE. Can I still apply for car loan?

A. Yes, as long as you have UAE passport and meet rest all eligibility criteria, you can apply for car loan in Dunia.

⭐ What is the maximum and minimum tenure for car loan in Dunia?

A. Minimum tenure is 12 months and maximum is 60 months for car loan.

⭐ What are the few common mistakes that we should avoid while applying for car loan?

A. Instead of focusing on over all loan cost, one should focus on monthly cost of the car payment.

⭐ Do I need to provide guarantor for car loan?

A. No, if you have bad credit history then bank might ask for guarantors.

Dunia Finance

Dunia finance is a financial institution jointly owned by Waha Capital, Mubadala Development, Fullerton Financial Holdings, and A.A. Al Moosa Enterprises. The finance company provides their services in more than 30 languages and follows a unique approach to satisfy the requirements of the customers.

Dunia Finance follows the following corporate values:

  • Customer commitment
  • Striving for excellence
  • Value of people
  • Integrity and ethics
  • Serving the community

   Get in touch with Dunia Finance Customer Care