HSBC Car Loan

Available for all types of saloon, four-wheel drive vehicles and motorcycles.

Benefits

  • Apply for a car loan online and get a call back from our dedicated sales specialists1
  • No mandatory salary transfer to HSBC is required
  • Loan amounts up to AED 918,000 depending on your eligibility
  • Competitive motor insurance rate for saloons and four-wheel drive2
  • Dedicated sales specialists at your service
  • Available for all types of saloon, four-wheel drive vehicles and motorcycles
  • No account opening required

Offer and Product Terms and Conditions Apply. Schedule of Services and Tariffs apply.

1Our Vehicle Loan team is available from Sunday to Thursday, 9:00am to 4:30pm. If your form is submitted outside of these times, we will aim to Call you back on the next working day.

2This discount will be applied on the "flat interest rate".

HSBC Car Loan puts you in the driving seat.

How it works

  • Apply for a Car Loan online and get a call back from a dedicated sales specialist
  • No need to open an account or transfer your salary to HSBC
  • Borrow up to AED 918,000 depending on your eligibility
  • Available for all types of saloon, four-wheel drive vehicles and motorcycles

 

Offer and product terms and conditions apply. Schedule of services and tariffs apply.

1 Our Vehicle Loan team is available from Sunday to Thursday, 9:00am to 4:30pm. If you contact us outside of these times, we'll aim to call you back on the next working day.

Balloon payment option

A balloon payment is a lump sum amount owed to the bank at the end of a loan term after all regular monthly repayments have been made. The primary benefit of making a balloon payment through HSBC is reduced size of regular monthly repayments throughout the term of your car loan. Making a balloon payment is based on the vehicle price and finance term. We offer a balloon payment option only on new cars.

Advantages of making a balloon payment include:

  • Lower monthly instalment vs. standard loan
  • Increased affordability
  • Cash flow management
% of car price left to pay at loan end by term and customer type
Term in months Personal Banking non-salary transfer customers 
% left to pay

All other customers
% left to pay 

12 months 70% 70%
24 months 55% 65%
36 months 45% 45%
48 months 30% 30%
% of car price left to pay at loan end by term and customer type
Term in months 12 months
Personal Banking non-salary transfer customers 
% left to pay

70%
All other customers
% left to pay 

70%
Term in months 24 months
Personal Banking non-salary transfer customers 
% left to pay

55%
All other customers
% left to pay 

65%
Term in months 36 months
Personal Banking non-salary transfer customers 
% left to pay

45%
All other customers
% left to pay 

45%
Term in months 48 months
Personal Banking non-salary transfer customers 
% left to pay

30%
All other customers
% left to pay 

30%

Eligibility

You can apply for a car loan if:

  • You're a UAE national or expatriate resident aged between 21 and 65 years
  • You earn a minimum monthly salary of AED 7,500 per month

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