Emirates NBD, a leading bank in the region, announced today, a tie-up with Juma Al Majid, the authorised distributor of Hyundai in the UAE, to offer customers a flat rate of 2.50 per cent (4.62 per cent reducing rate) annual financing, on purchases of Hyundai vehicles.
The promotion runs across all Emirates NBD branches and Hyundai showrooms until February 5, 2012. This special offer allows customers to avail low interest rates with no payment for the first 60 days. In addition to low interest rates on vehicle financing, there will be a free two year service contract with each purchase.
“The collaboration with Juma Al Majid Group further testifies Emirates NBD’s commitment to offer greater value to its customers," said Abdulelah Al Kindy, General Manager - Retail Banking, Emirates NBD. "Juma Al Majid Group is one of the oldest-established automobile distributors in the country. We are confident that our partnership with them will prove to be very attractive to our customers during this festive season.”
Commenting on the occasion, KhaledIssa, Chief Operating Officer, Juma Al Majid said, “We are extremely pleased to be able to offer highly attractive finance facilities for our customers. Our partnership with Emirates NBD marks a very important step for us, as competitive finance packages from a leading bank in the country allow us to deliver a unique proposition to our customers.”
The limited period offer is applicable for purchases new and used vehicles from Hyundai showrooms in Dubai until February 5, 2012.