Product details
What you need to know
What to check
Understand Al Masraf Auto Loan
Al Masraf Auto Loan is a auto loans product from Al Masraf. Check the down payment, rate, term, processing fee, insurance and early settlement conditions.
Published details
- Minimum Salary: AED 15,000
- Salary Transfer Required: Not required where the bank's conditions are met
- Vehicle Type: New and used vehicles
- Minimum Age: 21 years
- Maximum Finance To Value: 80% of vehicle value
- Minimum Down Payment: 20%
- Reducing Rate Range: 4.56% to 11.99% per year
- Flat Rate Range: 2.49% to 6.55% per year
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓Your salary is at least AED 15,000
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You do not meet the listed salary requirement
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Minimum salary | AED 15,000 | Official page | High |
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |