ENBD unveils low-interest auto loans

Emirates NBD on Monday announced the launch of their special 2012 Ramadan Auto Loan promotion, which gives borrowers a chance to win prizes while also enjoying low interest rates to buy their dream cars. Valid till Sept.30, 2012, Emirates NBD’s Ramadan Auto Loan promotion offers interest rates starting from a 2.49 per cent flat rate per annum (4.69 per cent reducing rate per annum). The 75 borrowers who avail of the auto loan during the promotion period, will be given a chance to enter a lucky draw for one of three prizes: an interest-free loan; a loan with zero processing fees; or free monthly loan payment.   From:Gulftoday