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FAB Car Loans at a 1.49% flat interest rate

Warning

  • You may have to pay penalties if you pay off a loan/financing early
  • If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
  • Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit

Drive away in your new BMW from Abu Dhabi Motors at a 1.49% flat interest rate with a FAB Car Loan.

Buy a new BMW from Abu Dhabi Motors with a FAB Car Loan and enjoy 1.49% flat interest rate per year. Plus, enjoy a grace period of 120 days on the first instalment, and fast approvals. Then enjoy a great driving experience!

Benefits

  • Node Minus Alt
    Special Ramadan prices
  • OR
  • Node Minus Alt
    Trade-in support
  • OR
  • Node Minus Alt
    Complimentary comprehensive insurance with agency repair for the 1st year
  • OR
  • Node Minus Alt
    Complimentary window-tint package
  • OR
  • Node Minus Alt
    Complementary registration and number plates
  • OR
  • Node Minus Alt
    BMW service inclusive package for 5 years/100,000km*
  • OR
  • Node Minus Alt
    BMW extended warranty for 5 years/200,000km*
  • OR
*Whichever comes first

To apply, simply SMS “BMW” to 2121.

Eligibility

  • Node Minus Alt
    Minimum monthly salary of AED 8,000
  • OR
  • Node Minus Alt
    Loans up to AED 1.5 million
  • OR
  • Node Minus Alt
    Loans available for new cars only
  • OR

Required documents

  • Node Minus Alt
    Vehicle quotation
  • OR
  • Node Minus Alt
    UAE driving license
  • OR
  • Node Minus Alt
    Bank statements (where applicable)
  • OR
  • Node Minus Alt
    Salary certificate addressed to FAB (where applicable)
  • OR
  • Node Minus Alt
    Car loan application completed and signed by the customer
  • OR
  • Node Minus Alt
    Copy of a valid passport/residence visa/Emirates ID (originals must also be presented)
  • OR

Offer Terms and Conditions

  1. Offer is subject to change or discontinuance at any time at the sole discretion of the Bank, with prior notice to the customer.
  2. FAB reserves the right to disqualify a customer from this promotion at any time at its sole discretion without responsibility on the Bank or any of its employee.
  3. Offer is valid for specific vehicles brands, models, and years of manufacturing, as detailed in this Offer and/or quotation.
  4. Vehicles available under this Offer are subject to change at the sole discretion of the dealership.
  5. Offer available during promotion period only.
  6. Offer available for Salaried & Self-Employed, Banking & Non-Banking individuals registering vehicle under personal name only.
  7. Offer subject to purchase of vehicle only from authorized dealership.
  8. FAB is not liable for the services/products offered by the Partner. Any service or product related issues or queries should be referred to the Partner directly.
  9. Offer is only valid if the dealer’s quotation mentions that the car is part of the Offer.
  10. Subsidized profit payable by dealership is to be calculated on finance amount against car value only (and not other accessories as part of the sale).
  11. Processing Fees / Auto Protect or Accessories not to be included in LPO or financed under this Offer.
  12. Minimum 20% down payment is required under Offer.
  13. Applicable bank profit rates apply for a finance tenure beyond the period of Offer agreed for the vehicle.
  14. In addition to the Terms and Conditions of this Offer, as a customer of FAB, your general banking relationship with us will be governed by the General terms & conditions of accounts.
  15. These terms and conditions are governed by and construed in accordance with the laws of Abu Dhabi as they are applied in the Emirate of Abu Dhabi and the federal laws of the United Arab Emirates. Any dispute concerning the interpretation of these terms and conditions shall be submitted to the exclusive jurisdiction of the court of the Emirate of Abu Dhabi.

View the FAB Car Loan Terms and Conditions.