Capital Bank - Car Loan for Private Sector

Flat Rate
3.5%
Max. Financed Period
6Yrs
Min. Monthly Income
500JD
Down Payment
40%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • 3.5% Interest for New Cars and 4% for Used Cars
  • Salary Must be Transferred
  • Financing Electric Cars at a 4.5% Rate
Main Features
  • There is a one-time “dealer commission” of 0.5% of the car value for new cars, 1% for used cars, and 2.25% for electric cars.
  • 60% Financing
  • Company must be accredited at the bank
  • Max. used car age 10 years depending on car model
  • Financing for Used and New cars
  • 1% granting commission for one time
  • No Guarantor required
  • Financing for car registration, licensing, and comprehensive insurance
  • Free life insurance
  • Credit card with competitive interest rates and premium features
Required Documents
  • Valid Government National ID
  • Vehicle Documentation
  • Salary Slip
  • Account Statements for the past 6 months