Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
Alizz Islamic Bank - Car Loan Alizz Islamic Bank - Car Loan Minimum Salary: OMR 350 Salary Transfer: Early Settlement Fees: - Maximum Term: 7 Years Flat Rate: - Reducing Rate: -
Apply Online Now
Fill in your details below and a product advisor will call you back with more details.
Some required information is not valid

Documents Required 

With Salary Transfer

  • No Objection Letter
  • Salary Transfer Letter to be address to Alizz Islamic Bank
  • Salary Certificate (Gross Salary & Date of Joining)
  • Salary Slip of 4 months (If available)
  • Stamped bank statement of 6 months
  • Processing Fee

Without Salary Transfer

  • Salary Certificate (Gross Salary & Date of Joining)
  • Salary Slip of 4 months (If available)
  • Stamped bank statement of last 6 months
  • Post Dated Cheques (Based on the agreed finance period)
  • Finance fee OMR 25
  • Quotation from the dealer addressed to Alizz Islamic Bank
  • A copy of drivers ID Card & License
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
Bank Dhofar - Car Loan
Minimum Salary
OMR 320
Flat Rate
4.49%
Bank Sohar - Al Mumayaz Auto Loan
Minimum Salary
OMR 750
Flat Rate
4.49%