autoloanclearance

Request an auto loan clearance letter

If you’ve cleared your auto loan, a clearance letter lets you transfer the vehicle to your name

What is a clearance letter?

A clearance letter is an acknowledgement by the bank that your auto loan has been paid in full and that all the terms of the loan have been satisfied. So if you’ve cleared your auto loan and your loan account is closed, you can ask the bank for a clearance letter and transfer the vehicle to your name. 

Request an auto loan clearance letter

Choose one of the options below to proceed:

 

What’s next

Once your request is processed, you’ll receive an SMS with a reference number on your registered mobile number. You can then visit the Traffic Department of the emirate in which your vehicle is registered to have the registration transferred to your name.

Fees and charges

There are no fees or charges for an auto loan clearance letter.