Features
-
Comprehensive car insurance from Motor Secura.
-
Competitive interest rates.
-
Decent repayment periods.
-
Option to deduct payment automatically from your account
-
0% down payment available.
-
Indicative APR (Annual Percentage Rate) of 5.5%, calculated on a financed amount of BD 10,000 over seven years.
Benefits
-
Fast application and approval.
-
Flexible payment terms of up to seven years.
-
Available for purchase of new or used cars.
-
Financing for up to 100% of the vehicle value.
Eligible for
-
Legal business entities incorporated in Bahrain.
-
All residents in Bahrain, regardless of nationality (must present a residence permit valid for at least three months).
-
Salaried individuals from 21 to 55 years old.
-
Self-employed individuals between 25 to 55 years old.
-
Bahraini nationals with a minimum monthly salary of BD 200.
-
Non-Bahraini residents with a minimum monthly salary of BD 300.
-
Minimum three months of employment for salaried individuals.
-
Minimum monthly income of BD 1,000 for self-employed applicants.
Documents Required
-
Original CPR/Smart Card and passport
-
Valid driver’s license
-
Original salary certificate
-
Three most recent payslips
-
Duly-signed car transfer form
-
Promissory note
-
Dealer/Seller Quotation
-
Letter of undertaking for salary transfer
-
An indemnity or third-party guarantee for non-Bahrainis
-
Bank statements for the last three months for non-BBK customers.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more