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RAKBANK Auto finance Checked 22 Sep 2026

RAKauto Loan

Rate
2.2% to 2.35%
per annum
Maximum tenure
60 months
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Published details

As the bank publishes them. A figure appears only once it has been checked against the bank’s own information.

Amount fromTo verify
Amount up toTo verify
Rate typeFlat Interest Rate p.a. 2.20% to 2.35%
Flat rate2.2% to 2.35% per annum
Reducing balance rate4.18% to 4.46% per annumAll loans are disbursed at reducing rates, converted from the published flat rates; converted by the bank from the fixed flat rates based on the tenure selected
Tenure fromTo verify
Tenure up to60 monthsrepayment periods in UAE Dirhams only up to 60 months
Income requirementTo verify

Source and verification

Last verified
September 22, 2026

Where these figures come from

SourceWhat it establishesChecked
www.rakbank.aePrimary source for this recordSeptember 22, 2026
www.rakbank.aerate, maximum tenure, additional published rateSeptember 22, 2026

Rates, fees and offers change without notice. Confirm with the bank before you act on any figure.

Information is published for general reference and may change without notice. Accuracy is not guaranteed and no responsibility is accepted for decisions made on the basis of it. UAE Banks Directory is an independent information service — we are not a bank, we do not provide financial advice and we do not sell financial products. Always confirm details with the bank directly.