Saadiq Auto Finance Features

• Shariah Compliance: Approved by an independent Shariah Supervisory Committee for adherence to Islamic Banking principles.
• Loan Amount: Up to AED 1,000,000 based on your monthly income.
• Repayment Tenure: Up to 60 months with flexible monthly payments.
• Vehicle Selection: Choose from any dealership in the UAE.
• Banking: Simple financing procedure, convenient online and mobile banking, and fast processing.
• Minimum Balance: No minimum balance requirement.

Eligibility Criteria

• Minimum Salary: AED 20,000 per month.
• Age Range: Minimum 21 years and maximum 65 years at the time of finance maturity, or company retirement age, whichever is lower. Proof of retirement age required for those 60 years or older at finance maturity.

Required Documents

• Identification: Passport, UAE Residency Visa, and valid Emirates ID (original).
• Income Proof: Salary Certificate.
• Bank Statements: 3 months of bank statements.