Wanderlust World Wanderlust World
* Loan amount: Finance up to 100% of car’s value (maximum of AED 500,000)
* Loan term: Up to 6 years
* Flat interest rate: Starting from 1.99%
* Processing fee: 1% of loan amount
* Early settlement fee: 1% of outstanding loan amount
* No hidden charges: All fees and charges are transparent and disclosed upfront
* Flexible repayment options: Repayment tenure of up to 6 years with easy installments
Used Car Finance
* Loan amount: Finance up to 75% of the market value of the car (subject to a maximum finance of AED 500,000)
* Loan tenure: Up to 5 years
* Flat interest rate: Starting from 3.99%
* Down payment: 25%
* Processing fee: 1% of loan amount
* Early settlement fee: 1% of outstanding loan amount
* Flexible repayment options: Repayment tenure of up to 5 years with easy installments. Monthly payment depends on the age of the car, loan tenure, and loan amount
Refinance
* Loan amount: Emirates Islamic Bank refinances auto loans from third parties
* Loan tenure: Up to 6 years
* Flat interest rate: Starting from 2.49%
* Processing fee: 1% of loan amount
* Early settlement fee: 1% of the outstanding loan amount
* No Salary Transfer Fees
Green Auto Finance
* Loan amount: Up to 100% of car’s value
* Loan tenure: Up to 6 years
* Special pricing (lower profit rate):
- Electric/hybrid cars: Flat interest rate starting from 1.59%
- Fuel-efficient cars: Flat rate starting from 1.99%
* Processing fee: 1% of the funded loan amount
* Early settlement fee: 1% of the outstanding loan amount
Salik Payments
* Pay tolls by linking your Emirates Islamic credit or debit card to Salik
* No additional charges for this service and no need for a Salik tag or to use cash/coins at the toll gate.