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Features
Margin of financing
  • Up to 87.5% 
Payment Period
  • Maximum 84 months or up to the retirement age, whichever is earlier 
Financing Rate
  • Fixed and competitive 
Eligibility
  • Applicant must be 18 years and not exceeding the retirement age
  • Brunei citizen or Permanent resident
  • A permanent employee in any of the following:
    • Government Sector
    • Selected Private Sectors
       
  • Earning a minimum fixed income of BND600.00 per month
  • Present a guarantor (if applicable) 
Takaful coverage
  • Motor Takaful
  • Mortgage Takaful Plan (optional) 
Documents required
  • Completed Motor Vehicle financing application form
  • A copy of applicant’s identity card
  • A copy of guarantor’s identity card (if applicable)
  • Original copy of applicant’s latest salary slip
  • Original copy of guarantor’s latest salary slip (if applicable)
  • Quotation from car dealers
  • Latest employer's confirmation letter (if applicable)
  • Latest 3 months bank statements (if applicable)
  • Latest certificate of balance and/or latest clearance letter (if applicable)
  • Driving license 
Payment method
  • Assignment of salary to Perbadanan Tabung Amanah Islam Brunei 
Benefits
  • Syariah compliance
  • Selling price – fixed and known
  • No hidden charges
  • Competitive rate
  • Takaful coverage
  • Fast approval