Eligibility criteria relaxed
Customers applying onsite at Motor Show get further special rate
MEFCO (HSBC Middle East Finance Co) today announced that it will run a special sale throughout November for vehicle finance, offering interest rates from 1.99% fixed per annum. As part of the special offer, MEFCO also eased the eligibility criteria to further support customers aspiring to own a new vehicle.
Customers earning AED 10,000 per month can benefit from the 1.99% special offer, without transferring their salary or providing post-dated cheques, and opting for flexible payment options such as Murabaha, HP and Balloon payments. In addition, customers get a free bank account with minimum balance requirement waived off for the duration of the loan.
MEFCO's special November Sale was launched at the Dubai International Motor Show taking place at the Dubai Trade Centre from November 10th - 14th. In support of the Motor Show, HSBC is also offering a further special rate to customers applying onsite at the exhibition.
Marwan Hadi, Managing Director of MEFCO said, "We are pleased to launch our special offer at the Dubai International Motor Show where customers look for good buys and bargains. MEFCO has a strong presence in the UAE auto finance industry and we are always looking to provide the best deals to our customers. With this new offer of 1.99% running throughout November, our customers can fulfill their aspirations of owning their dream car."
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© Press Release 2011
