Take a new car home tomorrow

Financing amount up to	Rate	Repayment period	Eligibility
AED500k	up to 2.99% p.a. flat rate	12 to 60 months	Over 21 years old

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

 

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..)