Bank Al Etihad - Car Loan for Public Sector

Flat Rate
4.5%
Max. Financed Period
8Yrs
Min. Monthly Income
350JD
Down Payment
0%
Guarantor Required
No
Salary Transfer
No
Quick Info
  • 100% Financing if Salary is Transferred
  • 70% financing if Salary is not Transferred with Min. Salary of 450 JDs
  • Financing New & Used Cars
Main Features
  • Max. used car age 10 years
  • DBR up to 55%
  • Min. finance amount of 6000 JDs for Electric cars and 7500 JDs for fuel cars
Required Documents
  • Proof of salary for the last 3 months if you have a proven track record at the bank
  • Copy of employment contract
  • Bank statements for the last 6 months if you are a new customer at the bank without a track record
  • Social security statement for the last 12 months except for employees in the public sector
  • Price quotation for new cars from the car dealership
  • A certificate stating the vehicle’s status and market price/value for used cars
  • Copy of the car’s license from the original owner for used cars
  • Price quotation for the car from owner for used cars