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Purpose
  • Perbadanan Tabung Amanah Islam Brunei (“Perbadanan TAIB”) provides this financing for the purpose to acquire a new car/motorcycles, used car and reschedule from other financial institutions
Financing Amount 
  • Maximum entitlement is capped within the personal loan directive
Financing Term
  • A maximum financing term of up to 7 years
Profit Rate
  • 4.25% p.a flat (New Car) and 4.75% p.a flat (Used Car)
Processing Fee
  • No processing fee
Basic Eligibility
  • Open to ages 18 years and above (not exceeding the retirement age at the end of repayment period)
  • Brunei Citizens and Permanent residents
  • Employed with the Brunei Government and Private Sectors recognized by Perbadanan TAIB
  • Net Disposable Income from as low as BND500
Basic Documentations Required
  • Completed Motor Vehicle Financing Application Form
  • Applicant’s Valid Identification Card and Driving License
  • Original copy of applicant’s latest three (3) months’ salary slips
  • Latest Quotation from authorized car dealers
  • Latest Employment confirmation letter
  • Latest 3 months bank statement (for salary with other financial institutions)
  • Latest certificate of balance and/or latest clearance letter (for salary with other financial institutions)
 
 
*Terms and conditions apply. Perbadanan TAIB reserves the right to review the applicable product features and benefits contained herein from time to time.