FlexiDrive

The auto loan with flexible interest rates

FlexiDrive from Emirates NBD is an auto loan that offers a flexible interest rate that adjusts every month in step with the UAE's EIBOR. This loan has attractive rates starting from 1.50%* p.a. (flat) and a host of special benefits to get you moving.Other features include:

  • More transparent pricing due to being linked to the UAE's 1-month EIBOR
  • Lower EMI with higher eligibility
  • Half-day approvals

That’s not all – with an Emirates NBD FlexiDrive loan, you can also receive a first year free Premium Credit Card* of your choice and enjoy its exclusive benefits. Existing card holders will receive a free renewal.

*2.80% reducing

**Applicable on loans of AED 250,000 and above

Personal Contract Purchase (PCP)

This program offers you another innovative way to drive and own your dream car

You can keep your monthly payment low by paying a deposit and deferring a significant portion of the total amount to the final repayment at the end of the agreement!

  • Budget
  • Drive the newest models
  • Keep your options open at the end of the agreement
Green Auto Loan

Helping you do your part for a healthier environment

World Pollution Prevention Week is from 18th to 23rd September, and we at Emirates NBD are committed to doing our part in saving the planet. We want to help transform our nation into a low-carbon economy in support of the sustainability agenda of UAE Vision 2021. Our Green Auto Loan provides offers on selected electric and hybrid cars as part of our Go Green initiative.This loan also includes:

  • Half-day approvals
  • Rates staring from 2.69% flat p.a. with processing fee applicable
*Terms and Conditions apply

Fixed Deposit Auto Loan

An auto loan is usually for a depreciating asset, but not with Emirates NBD. By making your down payment a profitable fixed deposit we can help you turn your loan into an investment.
Know more

Business Vehicle Loans

A top priority for your business is making sure your vehicles are up to date and right for the job. Emirates NBD’s low interest Business Vehicle Loans will help you finance the upgrades and replacements you need.
Know more

Auto Cash Loan

Did you purchase your car in cash? Emirates NBD’s Auto Cash Loan helps you refinance the cash you spent with very low rates.Its features include:
Know more

Required Documents

Find out the Required Documents for Auto Loan Application
  • Auto Loan Application Form
  • KYC forms (available at the branch or with the sales staff)
  • Original Emirates ID and Emirates ID copy Or Original Passport & Passport copy with valid resident visa page
  • Signed consent form of Etihad Credit Bureau & UAE FTS (Statement of Account)

Salaried Individual

  • Latest 3 Months Bank Statement

Self-Employed Individual

  • Latest 3 Months Bank Statement
  • Trade License copy
  • Memorandum of association (MOA) & Articles of Association (AOA)
  • Power of Attorney (POA) borrowing power

Mortgage release through e-mail or Emirates NBD Call centre

You can release the mortgage on your car through e-mail to [email protected] or Emirates NBD call centre. This service is free of cost.

  • Send the request from the e-mail address registered with the bank.
  • Mention Auto loan Agreement ID or 20-digit Auto loan account number along with the registered mobile number with the bank.
  • Mention "Auto Loan Mortgage Release" as e-mail subject line.
  • Attach a clear scan image of the documents as mentioned below.

For Dubai registered vehicles

  • Vehicle Mulkiya copy only (both sides)

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

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

Mortgage release through Emirates NBD branch

You can release the bank mortgage on your car once you have settled your loan outstanding in entirety. In order, for the bank to process the release, the following will be required:

Visit to the nearest Emirates NBD (non-mall) branch and submit the Request for Mortgage Release with the following documents:

For Dubai registered vehicles

  • Vehicle Mulkiya and Emirates ID (original)

For Abu Dhabi, Al-Ain, Sharjah, and Other Emirates' registered vehicles

  • Vehicle Mulkiya (original)
  • Emirates ID (original) or Trade License in case vehicle is registered in company's name.

To find out more about how to release the mortgage on your Auto Loan, Click here

Please Note:

  • This document checklist contains the list of all the essential documents required to process your request.
  • If any of the required documents as per the checklist are missing, the process of the application may be delayed.
  • Additional documents may be required at the Bank's sole discretion.
  • Please ensure all documents are in order as per the checklist before visiting the branch, for quick processing and faster turnaround times.
  • Auto Loan Application Form
  • KYC forms (available at the branch or with the sales staff)
  • Original Emirates ID and Emirates ID copy Or Original Passport & Passport copy with valid resident visa page
  • Signed consent form of Etihad Credit Bureau & UAE FTS (Statement of Account)

Salaried Individual

  • Latest 3 Months Bank Statement

Self-Employed Individual

  • Latest 3 Months Bank Statement
  • Trade License copy
  • Memorandum of association (MOA) & Articles of Association (AOA)
  • Power of Attorney (POA) borrowing power

Mortgage release through e-mail or Emirates NBD Call centre

You can release the mortgage on your car through e-mail to [email protected] or Emirates NBD call centre. This service is free of cost.

  • Send the request from the e-mail address registered with the bank.
  • Mention Auto loan Agreement ID or 20-digit Auto loan account number along with the registered mobile number with the bank.
  • Mention "Auto Loan Mortgage Release" as e-mail subject line.
  • Attach a clear scan image of the documents as mentioned below.

For Dubai registered vehicles

  • Vehicle Mulkiya copy only (both sides)

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

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

Mortgage release through Emirates NBD branch

You can release the bank mortgage on your car once you have settled your loan outstanding in entirety. In order, for the bank to process the release, the following will be required:

Visit to the nearest Emirates NBD (non-mall) branch and submit the Request for Mortgage Release with the following documents:

For Dubai registered vehicles

  • Vehicle Mulkiya and Emirates ID (original)

For Abu Dhabi, Al-Ain, Sharjah, and Other Emirates' registered vehicles

  • Vehicle Mulkiya (original)
  • Emirates ID (original) or Trade License in case vehicle is registered in company's name.

To find out more about how to release the mortgage on your Auto Loan, Click here

Please Note:

  • This document checklist contains the list of all the essential documents required to process your request.
  • If any of the required documents as per the checklist are missing, the process of the application may be delayed.
  • Additional documents may be required at the Bank's sole discretion.
  • Please ensure all documents are in order as per the checklist before visiting the branch, for quick processing and faster turnaround times.

What are people asking?

Our Auto Loans are open to new and existing customers of all nationalities

You need to provide us with the following documents:

Quotation from the dealer

  • Identification
    • Original Emirates ID and Emirates ID copy
    • Valid Passport Copy with valid Resident Visa page

  • Salaried Individuals
    • Latest 3 Months Bank Statement

  • Self-Employed Individuals
    • Latest 3 Months Bank Statement
    • Trade License copy
    • Memorandum & Articles of Association (AOA)
    • Power of Attorney (POA) with borrowing power

  • Minors (Natural or Legal guardian to be the co-borrower) Attested copies of guarantor & co borrower documents as listed below:
    • Co-borrower's valid Passport and Resident visa page
    • Income documents (If applicable)
    • If Co-borrower is a company, then MOA & TL to be obtained. Passport copy of partners to be obtained.

  • Please Note:
    • The above list contains all required documents, but additional documents may be requested at Emirates NBD’s sole discretion.
    • To process your auto loan request, please bring all required documents at the time of application.
    • Any missing documents may delay the processing of your application.

Please provide us with:

  • Mulkiya Copy (Front and Back)
  • Emirates ID
Our Auto Loans are open to new and existing customers of all nationalities

You need to provide us with the following documents:

Quotation from the dealer

  • Identification
    • Original Emirates ID and Emirates ID copy
    • Valid Passport Copy with valid Resident Visa page

  • Salaried Individuals
    • Latest 3 Months Bank Statement

  • Self-Employed Individuals
    • Latest 3 Months Bank Statement
    • Trade License copy
    • Memorandum & Articles of Association (AOA)
    • Power of Attorney (POA) with borrowing power

  • Minors (Natural or Legal guardian to be the co-borrower) Attested copies of guarantor & co borrower documents as listed below:
    • Co-borrower's valid Passport and Resident visa page
    • Income documents (If applicable)
    • If Co-borrower is a company, then MOA & TL to be obtained. Passport copy of partners to be obtained.

  • Please Note:
    • The above list contains all required documents, but additional documents may be requested at Emirates NBD’s sole discretion.
    • To process your auto loan request, please bring all required documents at the time of application.
    • Any missing documents may delay the processing of your application.

Please provide us with:

  • Mulkiya Copy (Front and Back)
  • Emirates ID

Talk to us

To apply for a Priority Banking Auto Loan, please contact us on 800 100 and we’ll be happy to assist you.