RAKBANK Auto Loan

0% Down Payment With Best Rates

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Get a car loan with RAK Auto Car Finance.

Benefits:

  • Minimum 20% down payment required for Salaried Customers.
  • 0% Down Payment for All Business & Self Employed Customers.
  • ​Highly competitive profit rates.
  • Quick approval process
  • Salary needs to be transferred to get lower rates.
  • Repayment period of up to 60 months
  • The processing fee is 1% of loan amount [Min AED 500 ; Max AED 2,500].
  • The early settlement fee is 1% of outstanding balance.
  • The rate starts at 2.35% based on a flat rate.
  • RAKdirect 24 hour phone support

Other Details:

  • Minimum Salary –  AED 5,000
  • Max Loan Amount – AED 500,000
  • Downpayment – 0%
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Karan Bhatia
the authorKaran Bhatia
Automotive Enthusiast! Saving the world one car review at a time.