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Auto Finance

Boubyan Bank’s auto finance offers customers a Shari’a compliant solution on purchasing the car of their choice.

Benefits

  • Free liability insurance
  • No salary transfer required
  • Grace period of up to 3 months
  • Financing ranging from a minimum KWD 1,000 and a maximum KWD 70,000
  • Tenure ranging from a minimum of 12 months and a maximum of 180 months

Eligibility

  • Individuals aged 18 years and above
  • Legal guardian signature is required for customer below the age of 21 
  • Minimum net income of KWD 500

Documents Required to Apply

  • Civil ID
  • Military ID for military staff
  • Salary certificate for public sector employees
  • Salary certificate From Manpower and Government Restructuring Program (MGRP) for private sector employees
  • Supplier quotation
  • Account statement of the last 3 months for non-Boubyan customers


Benefits

  • The service covers all the United States of America
  • Finance covers new and used cars
  • The finance is compliant with the Islamic Sharia
  • The repayment of the finance is in Kuwait
  • Receiving the car inside the US or importing it from there
  • Free liability insurance on the finance total amount
  • Finance from KD 1000 up to KD 15,000
  • 60-month repayment period
  • No salary transfer required
I am interested