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Buying the car of your dreams couldn’t be easier or more convenient. With Arab Bank Auto Loan you will be in the driver’s seat faster than you can imagine. It is flexible, easy to arrange and it offers you a host of benefits, including:

Features and Benefits

  • Loan amount ranging from USD 8,000 up to USD 100,000
  • Loan tenor up to five years 
  • Monthly installments not to exceed 35% of your income 
  • Financing up to 75% of the car value against car mortgage 
  • Option to finance the comprehensive motor insurance premium 
  • Free Visa Debit card, Internet Banking Service and Mobile Banking.

Fees and Interest Rate

  • Competitive interest rate on USD loans equal to 4.5% for new cars and 6% for used cars, flat and fixed for the whole loan period 
  • Accidental group life insurance at competitive rate
  • File fees USD 100 for new cars and USD 150 for used cars.
  • Loan Calculator

Typical Annual Percentage Rate (APR) Examples

Car Status

Loan Amount

Loan Term

Interest Rate

Typical APR *

Monthly Instalment

New Car

USD 15,000

4 years



USD 369

Used Car

USD 15,000

4 years



USD 388

* Including file fees, accidental life insurance premium, mortgage fees and stamp fees.

So Why Wait! Drive away with the car of your dreams today!
Subject to Bank’s approval and the special terms and conditions.

How to Apply

For more information, please call our Customer Care Center on 1591 or visit any of our branches.

Terms & conditions apply.