Emirates islamic – Green Auto Finance
Minimum Salary
AED 0
Monthly Payment
AED 0
Down Payment
20%
Flat Rate
1.89%

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Emirates Islamic Auto Finance Offers This Ramadan

Special Ramadan Offer:

  • Profit Rates: Enjoy rates starting from 1.89% flat per annum (approximately 3.61% reducing per annum).

Benefits:

  • Payment Holiday: Up to 120 days for your first payment.
  • 0% Profit Payment Plans: Available for up to 36 months on Emirates Islamic Credit Cards for purchases at select car dealerships.
  • Convenience: Apply for Auto Finance easily from home.
  • Shariah Compliance: Financing follows a Murabaha structure, ensuring it is Shariah-compliant.

Offer Validity:

  • Until: 31 May 2024.

Drive away in your dream car with competitive profit rates and convenient financing options this Ramadan with Emirates Islamic.

Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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