Mashreq launches Auto loan bundle with ultra low interest rate starting at flat rate of 2.35%

The comes in line with Mashreq's commitment towards offering innovative bundled solutions as part of their products suite enabling the bank to be the Primary Choice Bank for all its customers.

Tooran Asif, Head of Personal Banking stated, "The Auto loan product is part of our endeavor to continue offering unique financial solutions. Starting at ultra low rates and bundled with other appealing benefits enabling our product to be affordable and customer focused. The UAE's automotive industry is growing and we want to be present to provide financing options as we continue to cater to customer requirements through our array of products and services."

Mashreq's Auto Loan bundle offers customers with a range of benefits, such as free first-year Platinum Elite Credit Card, free Overdraft facility, free Current Account, competitive insurance rates and Salaam Points that can be instantly redeemed at over 1,000 retail stores across top brands.

With the Platinum Elite Credit Card, customers will receive a range of benefits including Preferential rates with up to 50% discount on greens at exclusive golf clubs in the UAE, complimentary Priority Pass card for access to over 600 airport lounges. Up to 40% discount on health check-ups and other wellness discounts at over 30 wellness centers. Up to 25% discount on dining at over 500 restaurants in the UAE. Earn 4 Salaam points on every dirham spent locally and 5 Salaam points for every dirham spend internationally. This is over & above the exclusive DSF promotion currently ongoing which offers Elite customers 8 Salaam points, a chance to win back their daily DSF spend along with opportunity to convert electronics, jewelry and home furnishing spends into 12 month Easy Payment Plan at 0% interest.