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Know our car loan procedure
Step - 1
Call our agent at any time
contact with our agent discus what you needed
Step -2
Send your documents to our agent or make ready with your hand
Normally this much documents only required for a car loan .
Salary certificate
4month bank statement
Passport and visa
Emirates id
Additional Documents
If any additional documents required our agent will conform you
Step -3
Soft Approval from credit team
our expert team will check your documents and they will conform your deal the max amount you can go for so
Step -3
Service charge Deposit
if your deal is conform from our credit team you can deposit our service charge 525 dhs to our bank account - or you can pay at our office. Note -Only Incase of bank rejection deposit will be refundable.
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ENBD
DEEPAK SOMASUNDARAN
CURRENT ACCOUNT
AC - 101 1394169 001
IBAN- AE310260001011394169001
EMIRATES N B D
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RAK BANK
DEVALOKAM CAR REGISTRATION TRANSFER SERVICE
AC 0372230670001
IBAN AE080400000372230670001
Al Qusais
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office
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Madina mall
1 first floor . shop 1/33
Devalokam
al qusais , muhizhna 4
Dubai
Step -4
Loan application form
After Service charge deposits we will send you bank application form fill up with signature and send back to us and just wait for one day .
Step -5
This point is very important ( find your dream car )
When you go to the seller no need to tell him that a agencey deal your case or you want to apply for car loan , just pretend that you have cash to buy this car. so you can buy a good car in best price
After the soft approval only go and find the car from any seller , or if you had found the car send to us car document also ( our team will be guide you if you need any assistance when you can find the car )
Step -6
once you conform the car pls send us( only gcc specification car )
Car Test report ,(from which emirates you want to register the car )
car 4 side pictures ,
km cluster photo
car make plate
car documents (pdf file is better )
and just wait for one or two working day photos and documents will be very clear .
Sample photos and car documents
Step -7
we pay your seller and buy the car from him .
The next day our purchase team will go with you and pay the full amount to your seller and buy the car from him
Step -8
Resubmission to bank
After purchase the car from seller ,we complete your bank loan procedure ,down payment , mortgage and register the car name of yours's and resubmit to bank
Step -9
complete the bank procedure
Re submit documents to bank and make a arrange for monthly instilment with bank and Drive your dream car all these procedure take minimum 5 to 7 working days only , some times depend documents its may take long any way our service will be very essay , convenient , profitable that dam sure
Note
Before we go for purchase the car you should have original salary certificate , emirates id , All original additional documents (if any additional documents given) original passport and cheque leaf .For your
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