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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.

  • 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:
    1. New and used cars
    2. Sports and luxury cars
    3. Light commercial vehicles such as buses, pickups and trucks
    4. Motorbikes
Abu Dhabi & Al Ain Branches
Airport Road
Al Ain
Al Jazira
Al Corniche
Dubai, Sharjah & Ajman Branches
Sharjah Industrial
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
Al Dhait
Al Rams

Loans are issued at the sole discretion of RAKBANK and are subject to Terms and Conditions.


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