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

Get instantly pre-approved

Personal Contract Purchase (PCP)

Get your loan

The car of your dreams is within your reach

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

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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

Why you should get an Emirates NBD car loan

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

For salaried customers only

Documents required to apply

For a new car loan

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.

For mortgage release on your car

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 customersupport@emiratesnbd.com or visit a branch with the documents below.

Things to remember when emailing us:

Send the request from your e-mail address registered with the bank.
Mention your auto loan agreement ID or the 20-digit auto loan account number along with your registered mobile number.
Mention ‘Auto loan mortgage release’ as e-mail subject line.
Attach clear, scanned image of the documents below:

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

For a new car loan

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.

For mortgage release on your car

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 customersupport@emiratesnbd.com or visit a branch with the documents below.

Things to remember when emailing us:

Send the request from your e-mail address registered with the bank.
Mention your auto loan agreement ID or the 20-digit auto loan account number along with your registered mobile number.
Mention ‘Auto loan mortgage release’ as e-mail subject line.
Attach clear, scanned image of the documents below:

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

What our customers are saying

"Emirates NBD is the best provider for car finance"

Apply now

Support

How can we help?

Applying for an auto loan
Your credit score
Your debt-burden ratio

Early loan settlement
Partial loan settlement

Direct debit for loans
Restructure your loan

Are you struggling financially?
Defer your loan payments

Our accessible and inclusive banking services

Have a question? Visit our Help & Support section for answers to your queries.

Important links and documents

Key facts statement - fixed interest rate

Schedule of fees & charges

Auto loans T&Cs

Key facts statement - variable interest rate

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