State Bank of India (Bahrain) Auto loan

State Bank of India (Bahrain) Bank

WarningMessage This product is valid by the Bank

Auto loan

minimun salary

Minimum Salary

BHD 500

flat rate

Flat Rate

2.65%

reducing rate

Reducing Rate

5%

early settlement fee

Early Settlement Fee

BHD 0

down payment

Down Payment

10%

Apply Now
minimum salary

BHD 500

Minimum Salary

flat rate

2.65%

Flat Rate

reducing rate

5%

Reducing Rate

early settlement fee

BHD 0

Early Settlement Fee

down payment

10%

Down Payment

Apply Now

View details on bank page

Features

  • Only salaried individuals are eligible
  • Maximum tenure provided is 7 years
  • Minimum monthly income of BHD 500 is required
  • Salary transfer is mandatory
  • Maximum finance provided is 80% of the car value for used cars
  • Maximum finance provided is 90% of the car value for new cars
  • Processing fees charged is BD 75 to BD 200

Benefits

  • Can get finance to purchase both used cars and new cars
  • High finance is provided
  • Low down payment requirement

State Bank of India (Bahrain)

State Bank Of India was established on 2nd January 2007 in Manama, Bahrain. Within four years, State Bank Of India has gained a decent place among the retail banks of Bahrain. With a customer base of 10,000, SBI provides corporate and retail banking services to both individuals as well as corporates.

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