RAKauto Loan
- Rate
- 2.8% to 2.9%
- per annum, flat, salaried, new vehicles
- Maximum tenure
- 60 months
Published details
As the bank publishes them. A figure appears only once it has been checked against the bank’s own information.
| Amount from | Not published by the bank |
|---|---|
| Amount up to | To verify |
| Rate type | From AED 5,000: New Vehicles 2.80% to 2.90% (flat) per annum / 5.29% to 5.47% (reducing) per annum |
| Flat rate | 2.8% to 2.9% per annum, flat, salaried, new vehicles |
| Reducing balance rate | 4.18% 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 from | Not published by the bank |
| Tenure up to | 60 monthsrepayment periods in UAE Dirhams only up to 60 months |
| Income requirement | To verify |
Read the bank's own page for this product
Source and verification
- Last verified
- October 8, 2026
Where these figures come from
| Source | What it establishes | Checked |
|---|---|---|
| www.rakbank.ae | Primary source for this record | October 8, 2026 |
| www.rakbank.ae | rate, maximum tenure, additional published rate | September 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.