Buying a car through Shamil Bank is now even more easier. The Bank offers an attractive car financing program with unmatched features as shown below. Once you decide to buy a car, you just have to get into the right Shamil Car Finance option and drive away in your dream car.

What are your benefits?   • Profit rates starting from 3.99%   • APR will be between 9% and 9.5% depending on the finance option*   • Downpayments starting from 5% for Salaried Individuals   • 3 months grace period option   • Available to all nationalities   • Available to salaried, self employed / professional**, retired individuals as well as small business owners   • Available for new and secondhand cars   • Up to 84-month tenor   • Freedom to choose your profit rate and tenor   • Salary transfer is not mandatory for new cars if the downpayment is higher than 10%   • Life insurance is not mandatory (mandatory only for retired people above 50 years of age)   • Sharia compliant   • Minimal documentation       For all pricing options and more information please contact our Call Center (13 303030) or visit our nearest branch     * Calculated for BD 10,000 over 84 months tenor ** Professionals such as accountants, doctors, architects and other professionals who meet Shamil Bank’s credit criteria.       Insurance benefits:   • Option to obtain finance to pay insurance premium   • Payment of insurance premium in 12 easy installments   • Very competitive rates   • Sharia compliant insurance cover   • GCC-wide insurance cover   • Free road assistance       What is required?   Car Information:     Car quotation         Applicant’s Information:     Salaried Individuals     1) Copy of CPR     2) Copy of Passport with Visa work permit (for Non-Bahrainis)     3) Last Salary Slip     4) Salary Certificate if asked     5) Salary transfer certificate if needed     6) 3 months bank statement if asked           Self Employed / Professionals and Small Business owners     1) Copy of CPR     2) Copy of Passport with Visa work permit (for Non-Bahrainis)     3) Last 6 months bank statement     4) Copy of Commercial Registration document           Retired People     1) Copy of CPR     2) Salary certificate from GOSI or pension fund     3) Salary slip if you are working in an organization after your retirement     4) 3 months bank statement if asked     5) Salary Certificate if asked           Terms and Conditions        Who can apply?     Nationality: Available for both Bahrainis and Expatriates     Age: should be between 21 and 60 depending on the legal retirement age (retired people should not be above 65 years of age at the date of the last installment)     Salary: Minimum monthly salary should be BD 200/-     Monthly Repayment: Total monthly repayment of all finances put together cannot exceed 50% of the monthly salary for Salaried Individuals     Self employed people, small business owners and retired individuals can get more information from our Call Center (Tel. 13 303030) or one of their nearest Shamil Bank branch.           How to Apply?   1) Contact any of our branches   2) Speak to our Call Centre   3) Request more information   4) Apply now!   5) Calculate your installment now!