Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
Emirates NBD - Auto Loan Emirates NBD - Auto Loan Minimum Salary: EGP 2,000 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 5 Years Flat Rate: 0% Reducing Rate: 0%
Emirates NBD's auto loan puts the drive of your within easy reach. Select from a wide range of loan variants and find the one that best suits your needs.

Features & Benefits:

Income Proof:
  • Finance up to 80% of the car’s value
  • Loan amount up to EGP 300,000
  • Flexible Tenor up to 60 months
Self Declared:
  • Finance up to 50% or 60% of the car’s value with no income proof documents required (only a valid national ID is required)
  • Loan amount up to EGP 180,000
  • Flexible Tenor up to 60 months
Safe & Drive:
  • Finance up to 100% of your car dream car value by investing 50% of the car value
  • Loan amount up to EGP 400,000
Eligibility:
  • Mandatory car insurance
  • Minimum gross monthly income of EGP2,000
  • Financing only new cars
Required Documents:

Save & Drive Auto Loan Documentation:

Salaried:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • HR letter
Self-Employed:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • HR letter
  • Recent copy of commercial register and tax card
Pensioner:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Recent utility bill (maximum three months)
  • Proof of pension
Foreigners:
  • Valid Passport with country entry visa
  • Residency / Work permit
  • Car pro-forma invoice
  • Recent utility bill (maximum three months)
Income proof auto loan Documentation

Salaried:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Life insurance application
  • Recent utility bill (maximum three months)
  • HR letter
Self-Employed:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Life insurance application
  • Recent utility bill (maximum three months)
  • HR letter
  • Recent copy of commercial register and tax card
Pensioner:
  • Loan application
  • Car pro-forma invoice
  • Valid national ID
  • Authorization for investigation
  • Life insurance application
  • Recent utility bill (maximum three months)
  • Proof of pension
Foreigner:
  • Valid Passport with country entry visa
  • Car pro-forma invoice
  • Residency / Work permit
  • Recent utility bill (maximum three months)
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator