Popular Pre-owned Cars

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Popular Pre-owned Cars
 

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Popular Pre-owned Cars extends finance facilities to Individuals (Nationals & Expatriates) and to Corporate Establishments on purchase of pre-owned cars from us.

● Easy Monthly Installments
● Competitive Interest rate
● Flexible down payment
● Personalised Repayments
● Easy Processing
● Easy Documentations
● Ready Approvals
● Flexible Repayments
● No Hidden Charges

Eligibility
 

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.120/-
(after all commitments,
including repayment to
Popular Per-owned Cars
RO.120/-
(after all commitments,
including repayment to
Popular Per-owned Cars
 
EMI : NDI ratio <45% <45%  
Repayment Period Max 60 months Max 48 months Max 60 months

Loan Amount

Used Cars - We Finance up to 85% of the value of the used car

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 Specimen Signature
● Copy of Omani driving license
● Bank statement of last 3 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.
Email us at popularcars@suhailbahwangroup.com

● You may also contact us