Adjust your auto finance repayments to your needs.

Noor Islamic Bank offers you flexibility through two innovative ways to finance your car – choose the plan that suits you.

Speed up Plan:

• Pay less now and more later

• Monthly payments with gradual increase at a predetermined rate

• Less initial payments therefore less burden on your pocket

• Ideal choice when you expect increase in your future income and want lower cash outlays in the beginning

Speed down Plan:

• Pay more now and less later

• Monthly payments with gradual decrease at a predetermined rate

• Higher initial payments to make sure that market value of your car is in line with your outstanding amount with the Bank. Therefore, when you sell your car, the gap between your selling price and your outstanding finance is minimal

• Ideal option if you change cars frequently, and want a lower amount to pay off at the time of settlement

Highlights:

• Maximum finance amount: AED 400,000

• Zero down payment option

• Maximum tenure: 4 years for Step up Plan and 5 years for Step down Plan

• Minimal documentation and speedy approval

Eligibility:

Take control of your Auto Finance – call 800 NOOR (6667) now or visit your nearest branch of Noor Islamic Bank.

Here's a sure fine way to put your life into top gear. If you've got your eye on that snazzy little 4-wheeler, we’ll help you drive off into the sunset.

One of the most innovative and flexible auto finance schemes ever, here’s a multi-faceted auto finance package that's virtually guaranteed to offer a combination that meets your requirement, convenience and budget. So go ahead, get into the driver's seat.

We also offer a wide variety of product options and variants under our Auto Finance umbrella:

• New Vehicle Finance: You can enjoy driving a brand new vehicle by choosing Auto Finance

• Used Vehicle Finance: By utilizing used car finance you can benefit from great used car deals available in the market by getting finance from us

Key product features

• Special benefits for Noor Islamic Bank relationship customers

• Personalized service

• Financing Facility up to AED 400,000*

• Up to 100% financing option

• Extremely competitive rates and fees

• Financing for both new and used vehicles

• Wide range of vehicles financed

• Flexible tenure (up to 5 years)*

* Conditions Apply

Pricing

• Profit rate for new vehicles - Starting from 4.25%

• Profit Rate for used vehicles: 5.25%

Products

Standard Murabaha

For those who want simplicity in things - this product is for you. We will buy the car for you and sell it to you immediately. You will pay on a monthly basis.

How to apply?

Visit any of our branches or contact us on 800 NOOR (800 6667)