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Dubai Bank launches Car Loan with one-year extension on car warranty

Dubai Bank has launched a Car Loan that provides its customers with a one-year extension on the existing car warranty offered with the car.

  • United Arab Emirates: Wednesday, July 07 - 2004 at 08:40
  • PRESS RELEASE
Ricky Madan, Vice President, Dubai Bank.
Ricky Madan, Vice President, Dubai Bank.

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Commenting on the new benefit, Mr. Ricky Madan, Vice President, Dubai Bank, said: 'When a new car is purchased, one usually receives a 3-year/60,000km warranty as a part of the service agreement. Now with the Dubai Bank Car Loan, the customer can be reassured of peace of mind for an extra year. Even if the customer decides to sell the car in it's third year, the warranty remains and thereby makes it easier to sell at a better price.'

'We have negotiated an exceptional rate on for the warrant extension which is added to the loan amount and spread over the same period of the loan. Additionally, we are giving away a DubaiDinar for every Dirham borrowed. These can be redeemed for gifts from the Dubai Bank Rewards catalogue. The Dubai Bank Car Loan also offers you a competitive rate of interest, quick approval, competitive insurance rates and much more,' added Mr. Madan.

Since its launch, Dubai Bank's products and services have established themselves in a highly competitive market and have been well received by customers. This is due to its innovative and unique range of offerings, which are backed by superior service and unmatched value. The Dubai Bank Car Loan is just one of many examples.

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About Dubai Bank

Dubai Bank was launched in September 2002 and is a fully owned subsidiary of Real Estate major EMAAR Properties.

Dubai Bank has already distinguished itself with its fresh approach to banking and unparalleled range of Retail and Corporate banking products and services. It is positioning itself as a world-class institution synonymous with modernity, excellence, and innovation.
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Wednesday, July 07 - 2004 at 08:40 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Saturday, June 09 - 2007


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