Auto Finance

Get a car today!

Profit rate starting from 5.25%

We help you get the car of your choice.

The easy way to own a car

As Oman’s first Islamic bank, we aim to help you realise owning a vehicle – while recognising your responsibilities. That is why Bank Nizwa Auto Finance, based on the Shari’a concept of Murabaha, is not only available for a range of leading brands and models but also at a highly affordable profit rate and with several value-added benefits too.

Eligibility Criteria

  • Minimum age: 18 years
  • Minimum salary:

    With Salary Transfer: Rial 400
    Without Salary Transfer: Rial 600

Auto Finance Features

  • Shari’a-compliant auto finance product
  • Highly competitive profit rates
  • Low down-payment
  • Payment period up to 10 years
  • Salary transfer not mandatory
  • No hidden charges
  • Available to salaried and self-employed
  • Finance available for new and used cars
  • Available for a wide range of brands
  • Available for any nationality

Facts you need to know…

  • Why take Auto Finance from Bank Nizwa?
    Shari’a-compliant product and processes; Transparent pricing & charges; Quick processing and approval; No hidden charges
  • Are there special arrangements with dealers?
    Yes. Our arrangements with dealers ensure speedy processing and faster delivery of the vehicle.
  • What are the documents required?
    Passport with valid visa (for expatriates) Oman National ID / Resident ID Card / GCC Passport Copy; Quotation in favour of Bank Nizwa from the dealer of vehicle you wish to purchase
  • Bank Statements of previous 6 months
    For salary transfer financing:
    Salary Transfer Letter from employer Salary Certificate from employer addressed to Bank Nizwa Salary
    For non-salary transfer financing: Salary Certificate from employer addressed to Bank Nizwa
    For self-employed, apart from above, the following documents are required:
    Trade License (in case of self-employed) Notarised POA (where applicable for self-employed)
  • Standing instructions / Post-dated cheques
  • How do I avail Bank Nizwa Auto Finance?
    Simply walk into any of our branches and our Personal Banking Officer will guide you through the steps Alternatively, you can call 800 700 60 for more information


Salaried Customers of Bank Nizwa can now get Islamic Finance through IFIN platform in just 10 minutes!

How does this work?

Customers of Bank Nizwa can visit any of retailers partnered with IFIN and submit their application there. All they need is their ID card and the mobile registered with the Bank. The credit decision takes about 20 seconds where the application can be either instantly Approved (where customer can complete the process within minutes) or Referred (where the Bank’s credit team will need to decide to whether approve or reject the application). If the application is “Approved”, the customer can sign the finance agreement at the retailer’s store.

  • Changan
  • Uni
  • Renault
  • Infiniti
  • Bestune
  • Foton
  • Mitsubishi Motors
  • Toyota
  • Lexus
  • Mazda
  • JAC
  • Geely
  • Lync & Co

For more details on IFIN – Instant Auto Finance, please contact us on 24950500.

Key Fact Statements (KFS)

All Bank Nizwa products and services are approved by the Shari’a Supervisory Board.

. View Certificate..

For more information call 24950500 or visit any of our conveniently located branches.

Disclaimer: Bank Nizwa products and services will be made available at the sole discretion of Bank Nizwa SOAG; subject to Bank Nizwa’s Terms and Conditions for Shari’ah Compliant Account Operation and upon submission of documentation acceptable to Bank Nizwa.

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