Personal Contract Purchase (PCP)

Innovative way to drive and own your dream car

This program offers the flexibility of paying 50% of the car value in which the EMI will be calculated for 24 months or 36 months

Loan Tenure not more than 36 months
Drive the newest models
Keep your options open at the end of the agreement

The car of your dreams is within your reach

Preferential interest rates
Loan amounts of up to 80% of vehicle cost
Maximum tenure 36 months

Key highlights and benefits

  • Loan tenure fixed at 24 months or 36 months
  • Pay the initial 20% as down payment
  • **Final repayment based on the expected value of the car at the end of the agreement
  • At the end of the agreement, you can select from three options:
    • Refinance with Emirates NBD Auto Loan.
    • Own the car by paying the final repayment.
    • Return the car to the respective car dealer if there is an agreed "Buy Back" option signed at the start of the agreement.

**Max Residual Value - 60% for 24 months and 50% for 36 months

I want to borrow

AED 25,000 AED 300,000
12 months 60 months

You can borrow AED {0} Auto Loan

with monthly payments as low as

AED  

Benefits of getting a loan with Emirates NBD

Easy process and documentation

We make getting an auto loan easy with half-day approvals and minimal documentation especially with a good AECB score

Free credit card and bank account

Get a credit card with no annual fees for the first year and a new bank account

Preferred pricing on pre-owned vehicles

Going for a pre-owned car? Get preferential pricing for both cars and corporate fleets

Eligibility

Minimum down payment: 20%

For salaried customers only

Documents required to apply

  • Auto loan application form
  • KYC forms (available at the branch or with the sales staff)
  • Original Emirates ID and copy or passport and copy with resident visa page
  • Signed Etihad Credit Bureau consent form and UAE FTS (statement of account)
  • Salaried individual: latest 3-month bank statement
  • Self-employed individual: latest 3-months bank statement
  • Trade License copy
  • Memorandum of association (MOA) and Articles of Association (AOA)
  • Power of Attorney (POA) borrowing power

To find out more on how to apply, click here.

You can apply for a mortgage release on your car only when you have paid back your loan in full. This service is free of cost.

Apply by e-mail to [email protected] or visit a branch with the documents below.

Things to remember when emailing us:

Documents you need to attach to the email or bring with you to the branch:

For vehicles registered in Dubai: 

  • Vehicle Mulkiya and Emirates ID (bring the original to the branch)

For vehicles registered in Abu Dhabi, Al-Ain, Sharjah and other Emirates:

  • Vehicle Mulkiya copy (both sides)
  • Emirates ID or Trade License copy if the vehicle is registered in a company's name.

To find how to get a mortgage release on your auto loan, click here

  • Auto loan application form
  • KYC forms (available at the branch or with the sales staff)
  • Original Emirates ID and copy or passport and copy with resident visa page
  • Signed Etihad Credit Bureau consent form and UAE FTS (statement of account)
  • Salaried individual: latest 3-month bank statement
  • Self-employed individual: latest 3-months bank statement
  • Trade License copy
  • Memorandum of association (MOA) and Articles of Association (AOA)
  • Power of Attorney (POA) borrowing power

To find out more on how to apply, click here.

You can apply for a mortgage release on your car only when you have paid back your loan in full. This service is free of cost.

Apply by e-mail to [email protected] or visit a branch with the documents below.

Things to remember when emailing us:

Documents you need to attach to the email or bring with you to the branch:

For vehicles registered in Dubai: 

  • Vehicle Mulkiya and Emirates ID (bring the original to the branch)

For vehicles registered in Abu Dhabi, Al-Ain, Sharjah and other Emirates:

  • Vehicle Mulkiya copy (both sides)
  • Emirates ID or Trade License copy if the vehicle is registered in a company's name.

To find how to get a mortgage release on your auto loan, click here

Apply for an Emirates NBD loan and be part of the most innovative bank in the region

What our customers are saying

"Emirates NBD is the best provider for car finance"

Things you need to know

Borrow wisely and ensure you go through the list of documents for all the fees and charges you'll incur and the terms and conditions involved when you get a loan from us. 

  • If you do not meet the monthly repayments on your loan, your account will go into arrears and incur late payment fee.
  • When you miss repayments, this could affect your credit score and limit your ability to access loan/financing in the future.
  • When you refinance your loan or avail installment deferments, it may take longer to pay off than your previous loan. It may also result in paying more interest.

Discover

Buy your dream car from our partners

AUTOSWAP in partnership with dubizzle

AUTOSWAP lets you sell your vehicle and buy another used vehicle from dubizzle without settling your existing loan.

Same day loan approval and 7-day easy return with CARS24

Get your dream car at your doorstep with CARS24’s wide range of pre-owned cars and Emirates NBD’s same-day finance.

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