Ahli Bank offers auto loan at 2.15%

Ahli Bank has announced the launch of its auto financing offer with a rate of 2.15%, 24-hour approval and a host of rewards.
Ahli Bank’s auto loan bundle offers customers a range of benefits such as free first-year credit card and other benefits, a bank spokesman said.
The promotion, which started on the seventh day of Ramadan, will continue until December 31.
Announcing the promotion, Yehia El Batrawi, deputy chief executive officer, retail banking, said: “Through the initiation of this promotion, we look forward to empowering customers to be able to afford quality automobiles of their choice at a competitive financing option. At Ahli Bank, we care about our customers and are constantly looking at ways to make their lives rewarding. With a highly competitive annual percentage rate of just 2.15% we hope that a higher number of customers are able to buy better cars during Ramadan and beyond as the monthly payments will be within their budgets and lifestyles.
“In addition to the extended term, applicants can expect a quick response to their applications and lower down payments accompanied by flexible repayment terms.”