Dubai Islamic Bank - Auto Refinance

Dubai Islamic Bank – Auto Refinance

Dubai Islamic Bank - Auto Refinance

Features:

No Salary Transfer

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Minimum Salary

AED 3,000

Salary Transfer

No

Early Settlement Fees

-

Maximum Term

5 Years

Flat Rate

0.0%

Reducing Rate

0.0%

Monthly Payment

AED 0

Down Payment

20%

Cash In Hand

Are you looking to unlock the value of your car? Dubai Islamic Bank (DIB) is here to help with their Auto Refinance option. With competitive rates, flexible terms, and a convenient application process, DIB provides an excellent solution for refinancing your existing car loan. Let’s explore the features, eligibility criteria, and required documents for Dubai Islamic Bank’s Auto Refinance. You have to visit your nearest DIB branch with the necessary documents and receive finance for up to 80% of your vehicle value. The sale price and pay installments of 60 months.

DIB offers competitive profit rates for their Auto Refinance, ensuring affordability for customers seeking to refinance their car loans. These rates are designed to be competitive within the market, allowing you to enjoy potential savings and better financial management.

Simple Documentation

We’ve kept things easy to accomplish when it comes to auto financing. The documentation process is much simple and easy. It puts together but may vary depending on the type of vehicle.

Information About Bank

Dubai Islamic Bank (DIB) is a prominent Islamic bank based in Dubai, United Arab Emirates (UAE). Established in 1975, it was the first Islamic bank to be formed in the UAE and has since become one of the largest Islamic financial institutions in the world. As an Islamic bank, DIB operates in accordance with Islamic principles, which prohibit the charging or payment of interest (riba) and the involvement in certain activities deemed unethical or non-compliant with Islamic law (Sharia). Instead, the bank follows a system of ethical finance based on profit-sharing and risk-sharing arrangements.

If you're looking for a car loan then you've come to the right place. We have more than 40 different options for you to choose from.