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Auto Loan

Overview

Did you find your dream car but lack the perfect financing?

NBK Auto Loans offer you the opportunity to buy the new or used car you want, in the most convenient, fast and competitive way.

Conditions

  • NBK allows you to borrow up to KD 15,000
  • You can expect quick approvals within 30 minutes
  • The current interest rate on a new Auto Loan is 5%, which is calculated on a reducing balance basis
  • Auto Loans are available for a maximum period of 5 years
  • Car Loans are available for all Kuwaitis and expatriates without indemnity
  • NBK does not require a salary transfer
  • Financing is available for new and used cars
    NBK representatives are available at more than 30 Auto Dealers and used car offices throughout Kuwait (view list of dealers with NBK representatives here)
  • You have the option to insure your loan, please click here for details
  • You can settle the loan early at anytime without paying fees or future interest

Benefits

  • Quick loan approvals
  • Salary transfer not required
  • You can enjoy a free NBK account with no minimum balance
  • The funds will be directly transferred to the car dealership’s account
  • Quick and simple process

Documents required

  • Copy of your Civil ID
  • Military ID is required for MOI, MOD and National Guards
  • Salary certificate
  • Passport copy is required for expatriates only


     

 

 

 

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