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Car Financing requirements in UAE

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For financing a vehicle for personal use, you need the following documents:

1. Passport copy with visa page

2. Driving license copy

3. Salary certificate

4. Bank statement for the last 3 months

For financing, the bank is requiring:

1. A minimum salary of AED 3,000, preferably with no loans and deductions.

2. An obligatory down payment of 20%

3. A minimum of 2 years and a maximum of 5 years of installments

Information source: Kia - UAE



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