Check Eligibility for CBI
Car Loan

You are eligible to apply for a CBI
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a CBI Car Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

CBI Car Loan Calculator

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.

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Car Loan Provided By CBI

Check Eligibility for CBI Car Loan

You are eligible to apply for a CBI
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a CBI Car Loan .

Click here to check loans from other banks.

CBI Car Loan Calculator

CBI Car Loan Interest rates

CBI Bank

2 CBI Bank Car Loans

New Auto Loan

Minimum Salary

AED 5K

Flat Rate

2.75%

Reducing Rate

4.99%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

2.75%

Flat Rate

reducing rate

4.99%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 2.75%
  • Minimum salary requirement is AED 5,000

Features

  • Repayment period is up to 60 months
  • Interest rate for the given finance is 2.75%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 4.99% and 2.75%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 500,000 that CBI bank can provide
  • Early settlement fee is 1% of the finance amount
  • Processing fee is 1% of the finance amount
  • About 20% 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
  • Approval is quick
  • Documentation is simple
  • Minimum salary requirement is low

View details on bank page

Used Auto Loan

Minimum Salary

AED 5K

Flat Rate

3%

Reducing Rate

5.44%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

minimum salary

AED 5K

Minimum Salary

flat rate

3%

Flat Rate

reducing rate

5.44%

Reducing Rate

loan amount

AED 500K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

Features

  • Repayment period is up to 48 months
  • Interest rate for the given finance is 3%
  • Minimum salary requirement is AED 5,000

Features

  • Repayment period is up to 48 months
  • Interest rate for the given finance is 3%
  • Minimum salary requirement is AED 5,000
  • The reducing rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.815
  • No salary transfer is required
  • Maximum loan amount is AED 500,000 that CBI bank can provide
  • Early settlement fee is 1% of the finance amount
  • Processing fee is AED 2500
  • About 20% 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 48 months
  • Approval is quick
  • Documentation is simple
  • Minimum salary requirement is low

View details on bank page

About CBI

Since its incorporation in the UAE in 1991, CBI is consistently focused on giving simple and easy-to-understand products. It is inspired by a vision of building long-term relationships. The bank offers a comprehensive portfolio of standard banking products, as well as customized financial products for Corporate, SME as part of Retail Banking. Their tailor-made services range from a personal account to financing of homes and automobiles to commercial loans and project financing. The bank work on the values of:

  • Speed
  • Customer Focus
  • Confidence
  • Communication
  • Teamwork

   Get in touch with CBI Bank Customer Care