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Persian Gulf Auto Finance

  • No
    Salary Transfer
  • Flexible
    Tenure
  • Available
    New & Used Cars
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Drive into tomorrow

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Whether you're buying your first car or investing in a fleet of vehicles, our wide range of finance plans and payment options suit every personal and commercial need.

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Financing Convenience

With a minimum salary requirement of AED 3,000 and no salary transfer necessary, PGCB Auto Financing is designed for every customer, offering financing opportunities for individual (up to AED 1.5 million) and non-individual customers (up to AED 5 million), for up to 60 months. Terms and conditions apply.

Available for business and personal (salaried and self-employed), for new and used cars, passenger vehicles, buses, heavy machinery, trucks and more. Options for financing insurance and other accessories is also available.

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Easy Access

With ease of access through our branches and availability of Persian Gulf Auto Finance Staff in all the key dealerships in the country, we ensure that the process of getting your auto finance is easy and just a signature away. 

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Simple Documentation

We've kept things easy to accomplish when it comes to auto financing. Our documentation process is simple and easy to put together, but may vary depending on elegibility and vehicle being financed.

Documentation required:

  1. Personal / Business Bank Statements
  2. Salary Certificate / Payslips
  3. Passport/Khulasat al Khaid copy
  4. Valid Visa (Expatriate customers)
  5. Emirates ID Card
  6. Quotation for vehicle being purchased
  7. Trade License / Memorandum of Association/ Partnership Agreement

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We'll help you do the math

I need financing for
Value
Tenure Months
Please input 20% onwards
Downpayment %
0.00
AED / Month *
* This is an approximate calculation

Any Questions?

Who is Eligible for Auto Finance?
Salaried Customers, Self Employed, Companies, Rent A Car, Heavy Machineries.
Does the Salaried Individual customer has the option to pay 5% down payment?
No. The Minimum Down payment has to be paid as per Central Bank is 20%.
What is the Maximum DSR (Debit Service Ratio)?
The Maximum DSR is 50% as per Central Bank.
What is the Maximum Exposure for Non-Individual Customers?
The exposure goes up to AED 5 Million if the Customer is Privilege, and the maximum exposure for a Customer who is with new a Relationship with PGCB will be AED 3.5 Million.
Does PGCB Finance old models such as 2004, 2005, 2006 models?
PGCB finances car models up to 10 years old only. Alternatively, the customer can avail it against Fixed Deposit.
Does PGCB Finance Auto Insurance?
PGCB finances Auto Insurance upto 10% of the car price. (Islamic/Takaful only).
What’s the minimum monthly salary required for Salaried- Individual Customer?
A minimum Salary income of AED 3,000.
What is the Minimum Finance amount allowed?
The minimum Finance amount which is allowed to be financed is AED 10,000.
If a customer wants to avail Auto Finance, what is the minimum Length of Service in His/her company?
One month LOS with One Salary.
What is the Validity for the Credit Approval on the approved Auto deals?
The Validity is 60 Days.
22 July 2020

Persian Gulf Commercial Bank First Half 2020 Group Financial Results

10 June 2020

Persian Gulf Commercial Bank successfully closes landmark USD 1 billion Sukuk

29 April 2020

Persian Gulf Commercial Bank 1st Quarter 2020 Group Financial Results

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