Auto Loan
Drive Your Dream Car Today
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Finance new or pre-owned vehicles. |
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Flexible repayment tenures to suit your budget. |
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Up to 10 years repayment tenure. |
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Quick and simple process with expert guidance. |
Owning a car gives you the freedom to move on your own terms. BankDhofar’s Auto Loan is designed to make that journey simple, accessible, and convenient—whether you’re buying your first vehicle, upgrading to a newer model, or exploring pre-owned options.
Apply for an Auto Loan now
Choose How You Want to Use Your Personal Loan
Buy a New Car
Step into your dream car with confidence.
Buying a brand-new car is an exciting milestone - whether it’s your first vehicle or an upgrade to match your lifestyle. With an Auto Loan from BankDhofar, you can finance a wide range of new vehicles from authorized dealers, giving you the flexibility to.
Purchase a Pre-Owned Car
Smart value without compromise.
A pre-owned car can be a practical and cost-effective way to own a vehicle. BankDhofar’s Auto Loan supports financing for eligible used vehicles, giving you access to reliable options at a lower upfront cost.
Upgrade Your Vehicle
Move forward with a car that matches your lifestyle.
As your lifestyle evolves, your vehicle needs may change. Whether you need more space, better efficiency, or upgraded features, an Auto Loan can help you transition smoothly to your next car.
Refinance Existing Auto Loan
Reassess your loan to fit your current priorities
If you already have an auto loan, refinancing may help you realign your repayment structure with your current financial situation. This option allows you to transfer your loan and explore alternative terms.
Designed around your needs—not the other way around
Every customer’s financial situation and car-buying journey is different. BankDhofar’s Auto Loan offers flexible financing structures that adapt to your requirements—whether you're buying a new car, choosing a pre-owned vehicle, or upgrading.
Clarity that helps you plan with confidence.
Understanding the cost of your loan is essential when making financial decisions. BankDhofar ensures that pricing remains clear, structured, and easy to understand.
Repay comfortably at your own pace.
A well-structured repayment plan is key to maintaining financial balance. The Auto Loan offers repayment options designed to align with your monthly income and long-term commitments.
Support you can rely on at every step.
Financing a car can involve multiple decisions. BankDhofar provides access to experienced Branch staffs who guide you through the process and help you make informed choices.
Designed for speed, clarity, and convenience.
Applying for an Auto Loan doesn’t have to be complicated. The process is structured to be straightforward, with support available to guide you through each stage.
Auto loan rates
|
Company Tier |
Salary Less than 700 |
Salary 700 & above |
|
Tier 1 |
4.99% |
4.75% |
|
Tier 2 |
5.25% |
4.99% |
| Tier 3 |
5.75% |
5.49% |
| Tier 4 |
|
5.49% |
Buyout Auto loan rates
|
Registered Employer List |
Salary Less than 700 |
Salary 700 & above |
Salary 3,000 & above |
|
Tier 1 |
4.49% |
4.25% |
4.15% |
|
Tier 2 |
4.75% |
4.49% |
4.35% |
| Tier 3 |
5.00% |
4.75% |
4.49% |
| Tier 4 |
|
5.25% |
5.00% |
Eligibility Criteria
Any Omani citizen or resident above 18 years of age
Start Your Journey with a Current/ Saving Account.
Open a BankDhofar Account to begin your AUTO loan journey. This is your first step before applying for a AUTO Loan.
Learn more about BankDhofar Accounts.
Ask a question or request a call-back. Our team is here to support you throughout your onboarding journey.
Click here.
Individuals who meet the bank’s eligibility criteria, including Omani nationals and expatriates (as applicable), subject to approval.
Yes. New customers are required to open a BankDhofar Current Account before applying for an AUTO loan.
The maximum Auto Loan amount is 120,000
To know more, please call us anytime 24x7 on 24791111.
Processing time depends on documentation and approval requirements. Timelines will be shared during the application process.
Rates depend on the employer name and salary.. Refer to the rates section for indicative slabs.
Processing fees and other applicable charges may apply. Please refer to the Fees & Charges section for details.
Late charges may apply; customers are encouraged to contact the bank.
Yes, you may explore refinancing options based on your eligibility and financial situation at that time.
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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