Standard Auto Finance – Salaried
Overview
Ajman Bank offers tailored financing solutions for individuals—both salaried and self-employed—looking to purchase their dream car for both, New and Pre-owned vehicles.
In addition to vehicle financing, the Bank also provides the option to finance car accessories, insurance, and service contracts, ensuring a comprehensive and convenient ownership experience for all customers.
Features & Benefits*
- Minimum Salary 5,000
- Competitive Profit Rates
- No Salary Transfer is required
- Maximum Finance amount
- Maximum Finance tenure up to 5 years
- Takaful (Insurance), service contract and the accessories can be financed
- Finance available for new and used cars,
- First payment holiday period; upto 45 days
- Quick and Fast Approvals.
- Down payment 20%
Max finance amount for New Cars:
1,500,000
Max finance amount for Used Cars:
1,500,000
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
- Car Quotation from franchise dealer or Evaluation from an approved evaluator
