The Economy website provides the steps for obtaining a car loan from the National Bank of Kuwait.
The National Bank of Kuwait said on its website: Have you found your dream car and do not have enough cash to buy it? Auto loans from National Bank of Kuwait give you the opportunity to buy your dream car, whether new or used, very quickly and with very easy procedures.
Who qualifies for the loan?
All National Bank of Kuwait customers
Why do I get the loan?
With car loans from NBK, you will own the car you want, whether used or new, with ease and comfort
You can get a loan of up to 25,000 KD and for a repayment period of up to 5 years
interest rates
The fixed interest rate on new loans is 5% per annum, calculated based on the reducing loan balance
Use the Loan Calculator to get an idea of how much you can borrow and the monthly payments due
What should I know?
Obtaining a loan of up to 25,000 KWD
Flexible repayment period from 12 to 60 months
Auto loans are available without transferring end of service benefits
Salary transfer is not required
Financing new and used cars, motorcycles and various types of vehicles
Possibility to add insurance to the loan
The possibility of early repayment at any time you want without entailing without future fees or interests.
Quick and easy procedures
NBK sales representatives are present in more than 30 car dealerships and showrooms in Kuwait.
Please see the list of car dealerships and showrooms
Possibility to defer the loan installment up to 6 months for the duration of the loan
Terms and requirements
A copy of your civil ID
Military ID for employees of the Ministry of the Interior, the Ministry of Defense and the National Guard
Salary Certificate
Salary Transfer Continuity Certificate
A copy of the passport for residents
