Car Financing

Do not postpone your dreams. Select the car you want to buy and let us provide the financing you need.

Whether it is 0 km or used vehicles, Financing opportunity with profit rates starting from 95% is at Albaraka!

Features

• You can get financial support for the car you want to buy.
• You can get financial support for second-hand vehicles up to 9 years old. However, the total age of the vehicle to be used and the maturity of the financing provided should not exceed 120 months. (Maximum 48 months for 6 years old, 36 months maximum for 7 years old and maximum 24 months for 8 years old)
• The table regarding the maturity limitation in car financing transactions is given below:

Final invoice value in new cars; For second hand cars, the value of insurance is taken into consideration.

NOTE: There is no KKDF exemption for Real Person uses in car finance. Albaraka Türk reserves the right to change the financing evaluation rates due to various variables.

Application Form

• If you are 18 years old and over, you can apply for vehicle financing.
• If you want to take advantage of the vehicle financing as a real person; You will need to present your identity card, income statement, salary slip if you are a paid employee or a document approved by the workplace showing your net salary. For the 0 km vehicles, the proforma invoice or the original invoice of the vehicle is required. Used vehicles require a vehicle license.
• If you want to take advantage of vehicle financing as a self-employed person; you must provide tax certificate, approved balance sheet and income statement, trial balance for the current year, operating certificate, copies of real estate deeds if any, rental contracts, income certificates and statement of signature, and you must also provide the same documents for the guarantors if necessary.
• If you want to take advantage of the vehicle financing as a legal person; you will need to present the identity cards of the partners, the notarized company signature circular, the sample of the Trade Registry Gazette, the registration document of the Chamber of Commerce, the activity certificate, the balance sheet for the last three years, the income statements and the copy of the tax plate issued in the last three years. If necessary, you must submit the same documents for the guarantors. For the 0 km vehicles, the proforma invoice or the original invoice of the vehicle is required. Used vehicles require a vehicle license
• You can visit the nearest Albaraka Turk branch with the required documents, fill out the application form and take the first step for your new vehicle.
• If you don't have any missing information or documents, you can learn the result of your application within approximately 24 hours.
• For more information and other banking transactions, you can call Alo Albaraka at 0850 222 5 666 or 444 5 666.