Find anything about our products, search our faqs, and more.
Type your query in the search above and press enter to see the results
Try typing "Card activation"
Choose your language
التغيير الى العربية English
OR
Apply online
Use UAE Pass to submit your application faster.
You must be more than 18 years old and have:
An active UAE mobile number
An Emirates ID
Your passport
Proof of income
A minimum salary of AED 5,000
We are pleased to present special pricing offers on select electric cars as part of our Go Green initiative.
*Terms and conditions apply.
Find out the Required Documents for Auto Loan Application
Salaried Individual
Self-Employed Individual
Mortgage release through e-mail or Emirates NBD Call centre
You can release the mortgage on your car through e-mail to customersupport@emiratesnbd.com or Emirates NBD call centre. This service is free of cost.
For Dubai registered vehicles
For Abu Dhabi, Al-Ain, Sharjah, and other Emirates' registered vehicles
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
For Abu Dhabi, Al-Ain, Sharjah, and Other Emirates' registered vehicles
To find out more about how to release the mortgage on your Auto Loan, Click here
Please Note:
What are people asking?
An Auto Loan is basically a loan supported by any financial institution in order to purchase a vehicle. With an Auto Loan, you are not paying on the depreciation of the vehicle like you do with a lease. You are paying on the vehicle purchase price plus interest.
An Auto Loan from Emirates NBD can be applied through the following channels:
The eligibility criteria for apply an Auto Loan are as mentioned below:
Down payment is mandatory for all Auto Loans. However down payment support can be extended through Emirates NBD Credit Card plans depending on Banks Discretion.
An Auto Loan is basically a loan supported by any financial institution in order to purchase a vehicle. With an Auto Loan, you are not paying on the depreciation of the vehicle like you do with a lease. You are paying on the vehicle purchase price plus interest.
An Auto Loan from Emirates NBD can be applied through the following channels:
The eligibility criteria for apply an Auto Loan are as mentioned below:
Down payment is mandatory for all Auto Loans. However down payment support can be extended through Emirates NBD Credit Card plans depending on Banks Discretion.
The Minimum age for availing an Auto Loan 21 years. However, Loan to Minor (Natural or Legal guardian to be the co-borrower)
Maximum 2 deferments permitted per loan year. 1 deferment should be during promotion period. This facility is available only for customers with direct debit as mode of payment.
Mortgage release through e-mail or Emirates NBD Call centre
You can release the mortgage on your car through e-mail to customersupport@emiratesnbd.com or Emirates NBD call centre. This service is free of cost.
For Dubai registered vehicles
For Abu Dhabi, Al-Ain, Sharjah and other Emirates' registered vehicles
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 mulkia and Emirates ID (original)
For Abu Dhabi, Al-Ain, Sharjah and Other Emirates' registered vehicles
Once the request is submitted, bank will release the mortgage within 5 business days.
Please note mortgage release will be subject to the Auto Loan being successfully repaid in full with zero outstanding and clear valid documents provided.
You will receive a 'Reference Number' for your mortgage release request via SMS on your registered mobile number once the release is successfully completed.
If the Auto Loan payment is missed then the late payment fees of AED 50 will be charged. The payment has to be made without fail to avoid legal formalities from the bank.
The modes of payments for auto loan are below:
Yes there will be a charge of 1% of the outstanding loan amount while doing early settlement/foreclosure.
1% of loan amount (minimum AED 500, maximum AED 2,500)
The maximum tenor for an Auto Loan is 60 months (5 years)
Emirates NBD Auto Loans are as quick as Half Day Approvals
SIP Auto Loan means 'Staggered Installment Plan'.
SIP allows a customer to start with lower installments in the initial period of the loan and then gradually increase the installments in the latter parts of the tenor.
The benefits of this product are multi-fold. Presented below is the snapshot of the advantages of this product.
A unique Auto Loan package that lets you turn your car into a return-yielding asset.
In addition to benefits provided in the "Feature Packed Auto Loans" package, enjoy the following perks:
* Limited period promotion, benefit for banking customers only. Terms and conditions apply.
Fixed Auto Loan: In Fixed Auto Loan the Installments are consistent throughout the tenor. Customer pays the same EMI from the beginning till the end.
SIP Auto Loan: SIP allows a customer to start with lower installments in the initial period of the loan and then gradually increase the installments in the latter parts of the tenor.
Feature Packed Auto Loan: Feature packed Auto loan is tailored auto loan according to the customers need. This can include fixed, variable, SIP and Balloon leasing programs according to the customer preferences.
Salary transfer is not mandatory for availing an Auto Loan from Emirates NBD
Yes, for Late Payment on Auto Loan there is a charge of AED 50
You can close your loan at any time during the loan term, or once the term gets matured. To know more details, please visit any of Emirates NBD branches or simply by calling us at our Customer Service Centre on 600 54 0000.
Yes, you have the option for an early settlement on your auto loan.
You can know the status of your loan by calling us at our Customer Service Centre on 600 54 0000.
In an early settlement of your auto loan, you will be required to pay the loan principal outstanding amount, and an additional early settlement fee which is 1% of the principal outstanding.
An auto loan settlement take 3 working days from the date you place a request for closure.
You can visit any of Emirates NBD branches or simply by calling us at our Customer Service Centre on 600 54 0000.
Yes, you can do a partial settlement, however there will be an additional settlement fee which is 1% of the principal outstanding.
Yes you can apply for an early settlement or partial settlement via Emirates NBD Online banking account. Below are the steps that are to be followed to place a request.
To know more details about how you can settle your Auto loan, please call us at our Customer Service Centre on +971 4 316 0333.
Yes, you can apply for deferment. Please note that installment deferral is a delay or suspension of repayment of the Auto loan's monthly installment. The deferment may result in an increase of the current installment amount, stated in the loan agreement and repayment schedule.
Yes, there is a nominal charge of AED 100 for an installation deferment fee.
You can visit any of Emirates NBD branches or simply by calling us at our Customer Service Centre on 600 54 0000.
Below documents will be required to have your auto loan's mortgage released.
Yes, you will have to submit the requisite form(s), duly completed to apply for a No Liability Letter. On a case to case basis, other documents might be requested through the branch.
You can submit the application for Liability / No Liability Letter at your nearest Branch, Call Center OR through Online banking. On successful completion of your application, you will be provided with a reference number to track your request.
Clearance Letter states that a specific liability has been cleared while a No Liability Letter states the customer has no existing liabilities.
Yes, a fee of AED 50, as outlined in the Schedule of Fees and Charges on Bank's official website is applicable.
Liability / No Liability Letter will be issued within the bank's defined service standard of 7 (seven) business days.
As soon as the letter is ready, you will receive an intimation message on your registered mobile number.
The letter can be collected from the nearest branch based on your convenience, except mall branches. Click here for branch locations
Liability / No Liability Letter is valid for 15 days from the date of issuance.
With natural resources being depleted at an alarming rate, we at Emirates NBD are committed to do our part in saving the planet. To help transform our nation into a green, low-carbon economy in support of the sustainability agenda of UAE Vision 2021; we are offering auto loans on select electric and hybrid cars as part of our Go Green initiative at an attractive pricing. A Green Car Loan will not only suit your needs and budget but also contribute towards clean energy and a green future.
An electric car is an automobile that is propelled by one or more electric motors, using energy stored in rechargeable batteries.
A hybrid vehicle uses two or more distinct types of power, such as internal combustion engine to drive an electric generator that powers an electric motor.
Below are the advantages you can benefit with by driving an electric/hybrid vehicle over conventional petrol/diesel car.
Along with above mentioned benefits, you get to avail below benefits of owning an electric car in UAE.
You can get selected electric vehicles from authorized dealers or with authorized evaluation.
You are requested to provide the below documents in order to avail a green auto loan.
You can apply for Emirates NBD Green auto loan by any of the below channels.
See all loans make the right decision
How was your website experience today?
Subscribe and stay updated!
Get exclusive deals, latest promotions and important information
All this and more in the Emirates NBD newsletter
You are leaving the Emirates NBD Website
You will now be redirected to an external website to view this content. Emirates NBD or any of its subsidiaries does not bear liability/responsibility for any other information published by the website owner or publisher.
You will be redirected in 5 Seconds
WHAT OUR CUSTOMERS SAY
"Emirates NBD is the best provider for car finance"