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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 

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 

ENBD

DEEPAK SOMASUNDARAN

CURRENT ACCOUNT

AC - 101 1394169 001

IBAN- AE310260001011394169001

EMIRATES N B D

RAK BANK
DEVALOKAM CAR REGISTRATION TRANSFER SERVICE

AC 0372230670001

IBAN AE080400000372230670001

Al Qusais 

office 

Madina mall 

1 first floor . shop 1/33

Devalokam 

al qusais , muhizhna 4 

Dubai

Note -Only Incase of bank rejection deposit will be refundable 

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   ( 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
Test report ,
car  4 side pictures ,
km cluster photo 
car make plate 
car documents (
pdf file is better )
 and just wait for one working day  photos and documents will be very clear .

Sample photos 

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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 you should have original salary certificate , emirates id , original additional documents (if any additional documents given) original passport and cheque leaf .

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