16/02/2022
16h13
To apply for Al Baraka vehicle financing you need to:
- Have the civil majority
- Being a citizen of South Africa
- Have proven legal income
You must submit the following documentation:
- Proof of address, not older than 3 months, to verify your home address
- Identity document with barcode or Smart ID
- Salary confirmation for the last 3 months (salaried people)
- Latest Annual Financial Statements / Income Tax Return (self-employed individual)
- Bank statements from the last 3 months
- Signed statement of personal income and expenses
- Signed statement of personal assets and liabilities (in joint name if married in community property)
Financing reviews are more detailed than consumer loans, so the bank will take longer to grant you approval. Other documents may be requested.
Where to apply for financing for Al Baraka vehicles?
You can fill out the initial application form online or at a physical agency and a consultant will be appointed to respond to your request until the financing is completed.
Thus, the best conditions for your profile will be offered.
Where to pay the installments of Al Baraka vehicle financing?
Installments can be paid in several ways. You can request the deduction of amounts directly from your monthly payroll with your employer, you can set a date for automatic debit in your personal account or even make the payment via title at any banking institution.
Shall we go after your new car? Apply for your Al Baraka vehicle financing now!
