Car Loan

No matter where you are in life, buying a car is a life changing decision. Luckily, IBL BANK has the ideal solution to make sure you get behind the wheel of your dream car as soon as possible, and with easy payment facilities!
Specifications for NEW cars purchase:
  • Down Payment minimum of 25%
  • Loan Period: up to 5 years
  • Flat Interest Rate: 4.5%
  • Insurance included: Life Insurance as well as All-Risk Car Insurance
  • First Degree Mortgage of car
  • APR: 10.28%

Specifications for USED cars purchase:
  • Low Down Payment starting at 30%
  • Loan Period: up to 5 years
  • Flat Interest Rate: 6.75%
  • Insurance included: Life Insurance as well as All-Risk Car Insurance
  • First Degree Mortgage of car
  • APR: 14.08%
* Terms & Conditions apply

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