Motor-Vehicle Finance

East Africa Bank Motor-vehicle Finance product is based on the structure of Murabaha.

“Why walk, when you can drive? Let’s arrange the best deal you need.” EAB Motor-vehicle Finance product is based on the structure of Murabaha. At customer’s request, we will purchase the car from the authorized dealer and sell the same to customer at an agreed mark-up, and allowing customers to own the car and pay for it in easy installments. It’s simple and hassle-free, giving you the opportunity to really enjoy driving away the car of your dream.

Features and Benefits	Requirements
Attractive finance amount Easy and nominal processing fees 20% down payment Quick approval	Completed Promise to Purchase Agreement (Customer & Bank) Identification (any of the following: Passport or National ID) Two passport Photographs Copy of Driving License Performa Invoice of the Car or Dealer Quotation for the new car Ownership Title, Valuation Certificate & Quotation or offer to sell to the bank for the used cars from the dealer Employment & Salary Certificate (not more than 30 days) Commercial License copy (for self-employed) Last 3 months bank statements

To apply EAB Motor Vehicle Finance, please visit the nearest EAB branch. Terms and conditions apply.