Arab Bank is thrilled to introduce exciting enhancements to its Auto Loan in 2024, offering a range of features and benefits to elevate your car financing experience.
New Features
- Competitive interest rates starting at 2.49%
- Convenient repayment tenure of up to 5 years
- High Loan amount
- Flexible down payment options
- Preferential insurance rates
- Quick loan processing time
- Dedicated Sales Team – ready to serve you at your convenience
Benefits
- Arab Bank provides financial solutions tailored to your needs, offering flexibility in terms of loan amount and repayment structure.
- Take advantage of competitive interest rates, ensuring that your auto financing is not only convenient but also cost-effective.
- Our commitment goes beyond financing. We offer comprehensive support to guide you through every step of the car ownership journey.
Required Documents
- Valid national ID and valid passport with valid Resident visa (for residents)Recent utility bill in the name of the client e.g. electricity, telephone, or rental contract
- Latest Salary/Income/Employment verification document
- Dealer price quotation
- Bank statement of 6 months
- A certificate stating vehicle status and market price/value issued from an approved Arab Bank evaluator (for used cars only)
