ITHMAAR BANK | ISLAMIC RETAIL BANK

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Auto Finance

AUTO FINANCE

Ithmaar Bank’s auto finance has the lowest profit rate in Bahrain. It also has the most flexible plans and payment options, designed to suit a variety of your personal needs. The real benefit is that you pay the smallest possible installments– because you don’t need to pay for any additional benefits that also inflate your costs.

What are your benefits?

	Lowest profit rate and monthly installments
	Sharia-compliant
	Financing up to 84 months
	Fastest approval
	Bank representative can provide the service at your doorsteps
	0% down payment option
	No salary transfer option
	Three month grace period option
	No hidden cost and on your own terms
	Ithmaar Auto Finance is available to salaried, self-employed professionals, small business owners and retirees.

For all options and more information please contact our Call Center (13 303030) or visit our nearest branch

What is required?

Car Information:

Car quotation

Applicant’s Information:

Salaried Individuals

1) Copy of CPR

2) Copy of Passport with Visa work permit (for Non-Bahrainis)

3) Last Salary Slip

4) Salary Certificate if asked

5) Salary transfer certificate if needed

6) 3 months bank statement if asked

Self Employed / Professionals and Small Business owners

1) Copy of CPR

2) Copy of Passport with Visa work permit (for Non-Bahrainis)

3) Last 6 months bank statement

4) Copy of Commercial Registration document

Retired People

1) Copy of CPR

2) Salary certificate from GOSI or pension fund

3) Salary slip if you are working in an organization after your retirement

4) 3 months bank statement if asked

5) Salary Certificate if asked

Who can apply?

	Nationality: Available for both Bahrainis and Expatriates
	Age: should be between 21 and 60 depending on the legal retirement age (retired people should not be above 65 years of age at the date of the last installment)
	Salary: Minimum monthly salary should be BD 300/-
	Monthly Repayment: Total monthly repayment of all finances put together cannot exceed 50% of the monthly income.
	Customers can get more information from our Call Center (Tel. 13 303030) or one of their nearest Ithmaar Bank branch.