Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/ae and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ae


Proceed to third party website

Saadiq Auto Finance follows the Islamic concept of Murabaha offering competitive profit rates and flexible payment periods

Apply Now

Saadiq Auto Finance follows the Islamic concept of Murabaha offering competitive profit rates and flexible payment periods

Saadiq Auto Finance

Helps you drive away in the car of your choice

Features

Apply today and enjoy the benefits that come with being a valued Standard Chartered Bank Client.

Fees & Charges

Details

Fees and charges are subject to change. All fees and charges listed are inclusive of 5% Value Added Tax (VAT), where applicable.

 

Details
Charges
Processing Fee 1.05% of the finance amount  (Min. AED 525 and Maximum AED 2,625)
Late payment fee AED 360 will be charged for each late payment

 

Please click here for more details on all other applicable fees and charges

Eligibility & Documents

Eligibility

  • Eligibility
    • Minimum Salary:  AED 20,000 per month
    • Age: Minimum Age: 21 years Maximum Age: 65 years or company retirement age at finance maturity whichever is lower. Proof of Retirement age in company required for any case where age > 60 years at the time of finance maturity.

Documents

  • Documents
    • Passport, UAE Residency Visa and valid Emirates ID (original)
    • Salary Certificate
    • 3-month Bank Statement

Terms & Conditions