Product details
What you need to know
What to check
Understand Invest Bank Auto Loan
Invest Bank Auto Loan is a auto loans product from Invest Bank. Check the down payment, rate, term, processing fee, insurance and early settlement conditions.
Published details
- Minimum Salary: AED 5,000
- Product Type: Auto loan
- Pricing: Rate and finance terms are disclosed in the individual offer
- Minimum Age: 21 years
- Eligibility: UAE national or expatriate legitimately working and residing in the UAE; minimum AECB score 541
- Reducing Interest Rate: 2.99% to 6.99% p.a., subject to income, banking relationship, vehicle status and age
- Interest Calculation: Daily on the outstanding reducing balance
- Maximum Finance To Value: 80% of assessed vehicle value
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 5,000
- ✓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 5,000 | Official page | High |
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |