At Sohar International, we have fast-tracked your way to your dream vehicle with auto loan approvals in just an hour. Auto Loan facilitates the purchase process with minimal paperwork and flexible repayment options to put you in the driver’s seat, faster than you thought.
Loans at competitive interest rates
Fastest Loan Approval – 1 Hour
Auto financing solution for new / used vehicles
No Medical required for insurance of loan amounts up to RO 75,000
Loans granted against salary assignment
Auto loan eligible for Omanis and expatriates
Maximum loan amount - 80% of the Total Vehicle Cost/ Market Value subject to DSR limits
ID Proof: National ID for Omanis; Resident ID and passport copy with valid visa for Non-Omanis
Latest salary transfer letter from employer indicating salary details and Salary statement for the last three months stamped by the current bank
Quotation of the car in favour of Sohar International
Driving License copy
Copy of Registration (Mulkiya) of used car