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Auto Loan Checklist
When financing a car, the bank requires a finance valuation certificate. This certificate can be obtained at listed testing center here.
Documents required:
- Vehicle Comprehensive Test Report
- Car Valuation Certificate
- Salary Certificate/ Documentary evidence of source of other Income
- Last three (3) Bank Statements from the Salary Account
- Letter from your employer confirming salary transfer and benefits
- For UAE Nationals - Copy of valid passport including last page
- For Expatriates - Copy of valid passport with valid UAE Residence Visa
- Copy of Driving License
- Copy of Water & Electricity (DEWA) Bill, if residing in Dubai
- Post dated Cheques or Standing Order / Auto Debit Instruction
- Security Cheque / Guarantee as a part of the documentation
- For New Vehicle: Quotation/ Pro-forma Invoice from vehicle dealer