Emirates NBD launches 'feature packed' auto finance solution in UAE

Mr. Jamal Bin Ghalaita, General Manager, Consumer Banking & Wealth Management at Emirates NBD, said, "Being the region's leading player in the banking industry, Emirates NBD is committed to grow the auto finance business. We will continue to support our key alliances and strategic partners across the region, by launching innovative tailor-made products and services that cater to all sectors of the banking segments."

Commenting on the new proposition offering, Mr. Suvo Sarkar, General Manager of Retail Banking at Emirates NBD, said:

"We are very confident that this unique auto finance solution will raise the bar for automotive lending in the UAE, and will set new standards in terms of product innovation and service. We strongly believe that the new loan proposition will appeal to customers of all sectors & nationalities interested in purchasing cars of leading brands and models."

While most lenders in the market focus on the core lending product and at best motor insurance, the new auto finance solution from Emirates NBD is much more than a usual auto loan and provides "Everything You Might Need for the Road".

The new offering features unprecedented benefits such as complimentary Salik card, online Salik recharge, RTA and Dubai police fine payments, annual car registration renewal service, round the clock roadside assistance, free bank account, free credit card for the first year and motor insurance with preferred pricing.

Emirates NBD offers first time in UAE a Complimentary Salik tag, new car owners can stop at nearby Emirates Bank or NBD Branch to collect their free Salik tag upon presenting the free Salik coupon; The Emirates NBD bank account offers a series of online payment options for car owners. Features like online Salik recharge, RTA and Dubai police fine payment are some of these unique features.

Annual car registration Renewal service is provided at customer's doorstep again a first from Emirates NBD. Round the clock roadside assistance is coupled along with the credit car offer which is free first year exclusively for auto loans customers.