Suhail Bahwan Automobiles LLC extend finance facilities to the Individuals (Nationals & Expatriates) and to the Corporate on purchase of new and used vehicles from us.
- Easy Monthly Installments
- Attractive Interest rates
- Customized repayment options
- Fast Processing
- Simple Documentation
- No Hidden Charges
Particulars | Individual | Commercial National |
National | Expatriate |
| Age of Customer | Min: 21 Years Max: 60 Years | Min: 21 Years Max: 60 Years | |
Age of Employment / Business | Min: 1 Year | Min: 1 Year | Min: 3 Years |
Net Disposable Income | RO.150/- (after all commitments, including repayment to SBA | RO.150/- (after all commitments, including repayment to SBA | |
| EMI : NDI ratio | <45% | <45% | |
| Repayment Period | Max 60 months | Max 48 months | Max 60 months |
Funding
Documentation
Individual
The Following documents are required to enable us to process your finance request.
- Salary certificate
- Copy of National ID / Labour Card
- Copy of Passport (Expatriates)
- Copy of Omani driving license
- Bank statement of last three months
Commercial
The Following documents are required to enable us to process your finance request.
- Copy of National ID card of Sponsor(s)/Partner(s)
- Copy of C.R. Certificate
- Copy of Computer Printout
- Copy of Chamber of Commerce Certificate
- Copy of Specimen Signature
- Copy of Omani driving license
- Bank statement of last 6 months
Repayment
- Repayment tenure ranges from 1 year to 5 years for New cars.
- Maximum loan tenure for used car would depend on the age of the car.
- Payments through post-dated cheques (PDCs)
- Option of replacing PDC with cash is also available.
- Pre-payment option available
Application Process
You may contact the nearest showroom of our branch for the best
deal available on the car of your choice.