A Car Loan is a personal loan valid to purchase a new or a used car.

Requirements:
A mortgage on the car
An all-risk insurance policy.

Benefits:
A free MasterCard Classic for the first year.

Features

Minimum Down Payment: At least 20% of the vehicle's value for new cars and at least 30% of the vehicle's value on used cars.
Loan Period: 1 to 5 years
Interest Rate: Competitive interest rates

Terms

Applicant Age: Between 18 and 60 years old
Maximum Monthly Income: Monthly income that exceeds 3 times the amount of monthly payments
Car Loan at Ahli Bank

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