Jaiz Auto Finance (JAF)

This a product designed to finance acquisition of automobile by salary account holders in public, private and other reputable organizations. The bank purchases the vehicle and sells to the customer with reasonable markup (otherwise called profit). Payment for the vehicle sold to the customer is usually on monthly basis from the customer’s salary for a period of 3 to 4 years.

 

Features

  • Competitive profit rate
  • Up to 80% finance available
  • Affordable payment plan
  • Quick and easy approval
  • Salary domiciliation
  • Up to 48 month tenor for new cars

Benefits

  • Zero Management and Processing fess
  • COT free account
  • Comprehensive insurance cover
  • No hidden charges no additional collateral required
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