Monday, 5 December 2022
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Car Loans

Jordan Kuwait Bank offers individuals and institutions loans to purchase new or used vehicles from agents and traders.

Features

  • Competitive Interest Rates starting at 7%
  • Financing up to 100% of car value
  • Loan tenor up to 10 years
  • Exemption from grant commission on electric and hybrid cars
  • Availability of vehicle insurance solutions
  • Free Life insurance

 

Terms and conditions

 

  • Minimum age is 21 years and not to exceed 70 years at the end of loan tenor
  • The age of the vehicle should not be more than 8 years for all types of cars and 10 years for Mercedes and BMW

 

Required documents

  • Official quotation from a licensed dealership for new cars
  • Copy of the car license, sales contract and a diagnostic evaluation report issued by an approved entity for used cars
  • Proof of income
  • Social security statement
  • Bank account statement
  • A copy of valid ID 

*Additional documents may be required upon credit evaluation

 

Availability of vehicle insurance solutions

  • Comprehensive vehicle insurance at special prices with the possibility of installments for a year without interest or commissions.

 

For more information please call the sales department at 06-5667431 or by Email [email protected]

Apply for a loan