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RAKauto Loan
RAKBANK Auto Loans ensure minimum formalities and flexible repayment periods, that will put you in the driver’s seat quickly and conveniently.
Features
- Minimum 20% down payment required for Salaried Customers, and from 0% Down Payment for All Business & Self Employed Customers
- Low Interest rate starting from 2.35% for salaried customers
- No salary transfer needed for salaried customers
- First installment after 60 days
- Flexible repayment periods up to 60 months
- Finance available for new companies with Length of Business from 6 months onwards
- Finance available for Insurance, Rustproofing, service and maintenance contracts, and GAP if required
- No hidden charges
- RAKdirect 24-hour phone banking support
- We provide auto loans for the following vehicle categories:
- New and used cars
- Sports and luxury cars
- Light commercial vehicles such as buses, pickups and trucks
- Motorbikes
Drop into our dedicated Auto Loan Centres for your dream drive
| Abu Dhabi & Al Ain Branches |
|---|
| Airport Road |
| Al Ain |
| Al Jazira |
| Al Corniche |
| Mussafah |
| Dubai, Sharjah & Ajman Branches |
| Sharjah Industrial |
| Sharjah |
| Ajman |
| Fujairah (Auto loans Centre) |
| Sharjah Rolla |
| Al Quoz (Auto loans Centre) |
| Sheikh Zayed Road |
| Dragon Mart |
| Deira Maktoum |
| Al Ghusais |
| Umm Hurair |
| Oud Metha |
| Ras Al Khaimah Branches |
| Al Nakheel |
| Al Kharan |
| Al Mannai |
| Shaam |
| Raktown |
| Al Dhait |
| Al Rams |
Loans are issued at the sole discretion of RAKBANK and are subject to Terms and Conditions.