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Amanah Vehicle Finance

Amanah Vehicle Finance

Get help funding your new car.

Be covered for your lifetime.
Repayment period Rate Repayment options
12 to 60 months up to 2.99% p.a.
flat rate
Monthly

Here's what you get:

  • Approved by HSBC Amanah Shariah Committee
  • Finance of up to AED500,000 - if you're an UAE National
  • Finance of up to AED350,000 - if you're an Expat
  • 20% down payment required

More great benefits:

  • Extended terms of up to 60 months

Plus:

  • Trusted MEFCO provider:
    • Backed by HSBC
    • Flexible repayments
    • Extensive dealer and market coverage
Description Fee
Processing fee 1% of the financing amount Minimum AED500
Maximum AED2‚500
Change of due dates on standing instructions AED25
Courier charges* AED30
Express charges* AED450
Instalment deferment charges AED100
Vehicle finance cancellation AED100
Liability certificate AED100
Late payment fee AED200
Post-dated cheque service* AED250
Return cheque AED100
Release for repossession* AED100
Stop payment (per instrument/cheque) AED50
Statement request* AED25
Traffic letters service charges* AED250
Travel permission outside UAE* AED300

Employed individuals buying New/Used Vehicles from Authorised Dealers.

  • Valid Passport Copy
  • Valid UAE Driving License copy
  • Copy of three months Salary or Income transfer Bank statements (longer period maybe required if cheque returns are identified)
  • Proof of Income - Salary Transfer Letter if Salary is not assigned to HSBC Bank or other Bank under narration Salary
  • Original Quotation of Vehicle
  • Repayment mechanism - Standing instruction plus security cheque from HSBC Bank
  • HSBC MEFCO Application form & contract fully completed in Block letters & signed in presence of HSBC MEFCO staff

Self-employed individuals buying New/Used Vehicles from Authorised Dealers.

  • Valid Passport Copy
  • Valid UAE Driving License copy
  • Copy of six months Personal and Business Bank statements
  • Audited Financials for two years
  • Original Quotation of Vehicle
  • Repayment mechanism - Standing instruction plus security cheque from HSBC Bank
  • HSBC MEFCO Application form & Contract fully completed in Block letters & signed
  • Documents in support of Business/Partnership i.e. (Trade License copy, Memorandum of Association, Articles of Association, Power of Attorney Share Certificates etc..)

Choose a Shariah-compliant, competitive way to finance a new car.

Ready to apply? Have us call you

*Effective 1 March 2012.

Important Information

Important Information before accessing / retrieving your instant quote.


HSBC Car Insurance is arranged by AXA Insurance Gulf B.S.C, a company licensed to conduct Insurance business in the United Arab Emirates, and has its registered office at the following address: AXA Insurance (Gulf) BSC ©, PO Box 290, Dubai, United Arab Emirates. By pressing "Proceed" you will confirm that you have read and accepted the above, and will be transferred to AXA's Insurance Gulf B.S.C website 'Car Insurance Quote and Buy System'. Any information provided in the following screens will be on the AXA Insurance Gulf B.S.C website.


You are guaranteed to receive an online quote in 60 seconds or less. However, if you prefer to get an instant quote over the telephone, please call HSBC Insurance on 04 32 44 282. Calls may be recorded for quality assurance and security purposes.


Important Information

Important information before accessing/retrieving your instant quote.


HSBC Car Insurance is arranged by AXA Insurance Gulf BSC, a company licensed to conduct insurance business in the United Arab Emirates, and has its registered office at the following address: AXA Insurance (Gulf) BSC ©, PO Box 290, Dubai, United Arab Emirates. By pressing 'Proceed', you will confirm that you have read and accepted the above, and will be transferred to AXA's Insurance Gulf BSC website 'Car Insurance Quote and Buy System'. Any information provided in the following screens will be on the AXA Insurance Gulf BSC website.


You are guaranteed to receive an online quote in 60 seconds or less. However, if you prefer to get an instant quote over the telephone, please call HSBC Insurance on 04 32 44 282.


Calls may be recorded for quality assurance and security purposes.


Important Information

Important Information before accessing / retrieving your instant quote.


HSBC Car Insurance is arranged by AXA Insurance Gulf B.S.C, a company licensed to conduct Insurance business in the United Arab Emirates, and has its registered office at the following address: AXA Insurance (Gulf) BSC ©, PO Box 290, Dubai, United Arab Emirates. By pressing "Proceed" you will confirm that you have read and accepted the above, and will be transferred to AXA's Insurance Gulf B.S.C website 'Car Insurance Quote and Buy System'. Any information provided in the following screens will be on the AXA Insurance Gulf B.S.C website.


You are guaranteed to receive an online quote in 60 seconds or less. However, if you prefer to get an instant quote over the telephone, please call HSBC Insurance on 04 32 44 282. Calls may be recorded for quality assurance and security purposes.


Important Information

Important Information before accessing / retrieving your instant quote.


HSBC Car Insurance is arranged by AXA Insurance Gulf B.S.C, a company licensed to conduct Insurance business in the United Arab Emirates, and has its registered office at the following address: AXA Insurance (Gulf) BSC ©, PO Box 290, Dubai, United Arab Emirates. By pressing "Proceed" you will confirm that you have read and accepted the above, and will be transferred to AXA's Insurance Gulf B.S.C website 'Car Insurance Quote and Buy System'. Any information provided in the following screens will be on the AXA Insurance Gulf B.S.C website.


You are guaranteed to receive an online quote in 60 seconds or less. However, if you prefer to get an instant quote over the telephone, please call HSBC Insurance on 04 32 44 282. Calls may be recorded for quality assurance and security purposes.


How to apply

Are you already a HSBC Advance customer?

To apply for this product you must open an Advance Current Account

Or call: 08457 707070

What if I'm not eligible

Find out about HSBC Advance
Or call: 08457 707070