Overview

Under this product variant, customers can approach the Bank to finance their dream car by contributing 50% of the vehicle value upfront, while the remaining 50% is financed by Ajman Bank.

This option is designed to offer a simplified and convenient process, with minimal documentation requirements and flexible eligibility criteria, including no specific restrictions on the type of car.

Features & Benefits*

• Extremely Competitive Profit Rates
• Minimum Salary 5,000
• No Salary Transfer is required
• Maximum Finance amount up to 1.5 Million
• Maximum Finance tenure up to 5 years
• Finance available for new and used cars,
• First Installment within 90 days for new cars and 60 days for used cars
• Quick and Fast Approvals.
• 50% Down Payment

• * Terms and conditions apply
• KFS Link

Documentation

• Duly completed and signed application form
• Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID
• 3/6 months Bank statement
• Labor card copy
• Salary Certificate
• Copy of Trade License (Self-employed)
• Car Quotation from franchise dealer or Evaluation from an approved evaluator

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