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Auto Loan

The easy route to own your dream car

  • Up to 10 years repayment tenure
  • Loan up to OMR 120,000
  • Auto Loan available for New and Used Cars
  • Monthly deduction of life insurance covering loan amount

Found your dream car? The next step is so easy...

Choosing the right car is a tough decision; choosing your auto loan isn’t. BankDhofar Auto Loan gives you a hassle-free way to owning the car that fits your needs and lifestyle. Our competitive rate, quick approval and personalised service will let you zoom off in no time. 

Apply for a Auto Loan   now 

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Auto Loan Checklist

  • Copy of ID card / Resident card
  • Driving License
  • Most recent salary certificate
  • Dealer quotation

  • Completed application forms, terms and conditions
  • Life insurance proposal form
  • Bank Statement
  • ID card/passport copy
  • Driving License
  • Salary Assignment
  • Dealer quotation
  • Dealer Valuation certification (for used cars)
  • Joint registration/mortgage of Mulkiya in favor of Bank Dhofar
  • Car insurance endorsed in favor of Bank Dhofar
  • Original invoice & delivery note signed by the customer

Frequently Asked Questions

To apply for a BankDhofar Car Loan, you must meet the following requirements:

  • Omani national earn a minimum monthly salary of OMR 300
  • Expatriates earn a minimum monthly salary of OMR 500
  • Aged 18 years or above
  • Make a minimum down payment of 20% of the car value
  • Assign your salary account to BankDhofar

BankDhofar offers competitive rates for all customers.  For the current rate click here or contact our call center at 24791111 as we are available 24/7.

  • Loan amount is disbursed directly to the car dealership/seller via Bank Manager’s Cheque or Pay Order
  • The car is jointly registered in the name of the buyer and BankDhofar

The maximum Auto Loan amount is OMR 120,000

To know more, please call us anytime 24x7 on 24791111.

You can apply on www.bankdhofar.com, or drop in at any BankDhofar branch. Find your nearest location click here. 

If you have a query, call us anytime 24x7 on 24791111.

New Car: Up to 10 years repayment period
Used Car: Maximum repayment period not to exceed model year/age beyond 10 years

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Do you need further assistance or have questions about Loans? 
We are here to help you. Do not hesitate to contact us.

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