Get a car loan with RAK Auto Car Finance.
- 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
- Minimum Salary – AED 5,000
- Max Loan Amount – AED 500,000
- Downpayment – 0%
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