Payment Flexibility Plan Update
- Type: News
In line with our efforts to enhance the ease of doing business in Dubai Car and Automotive Zone (DUCAMZ), we have decided to allow our customers to pay their rents in instalments (up to Six Instalments) over the annual lease period.
For your convenience, we have reduced the online application time to 7 days prior to the Post-dated cheque (PDC) maturity date, and the below-mentioned services are now free of cost (charges will be reversed).
In order to sign up for the Payment Flexibility Plan, kindly access the Dubai Trade Portal, and choose the following:
Under the LEASE TAB:
Payment Flexibility for Lease Payments
- Choose your lease number and apply for the number of instalments
- Ensure sufficient portal balance is available
- Submit the Service Request (SR) for review and approval
- After the SR is approved, please download and print the updated invoice sent to your email, and submit with the lease cheques at the Commercial Bank of Dubai (CBD) Counter from Sunday to Thursday between 9:00 am to 1:00 pm
Post-dated cheque (PDC) Extension
- Apply at least 7 days in advance
- Choose your PDC for extension
- Ensure sufficient portal balance is available
- Submit the SR for review and approval
- Once the SR is approved, the same PDC will be extended – new cheques will not be required