BMI Bank launches promotion on auto loans

In addition to a reduced and competitive rate of interest, every Salaf auto loan customer can chose their instant gift which ranges from a gift voucher from Bahrain City Center and Seef Mall to a prepaid fuel card. The promotion, which starts from the first day of Ramadan, will continue till 31st December 2012.

Announcing the promotion, Jamal Al-Hazeem, Chief Executive Officer of BMI Bank, 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 BMI Bank, we care about our customers and are constantly looking at ways to make their lives rewarding. With a highly competitive Annual Percentage Rate (APR) of just 6.68% 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."

He added, "In addition to the extended term, applicants can expect a quick response to their applications, lower down payments accompanied by flexible repayment terms and an instant gift. We hope our products meet the aspirations of our customers and anticipate them to make the best of the offer during the holy month of Ramadan followed by the festive season. On behalf of BMI Bank, I wish all Ramadan Kareem."