Auto Financing from 15% through MIslamic and Mashina.kg: Apply Before June 30
MIslamic, the Islamic banking service of MBANK, and Mashina.kg have launched a joint program for car buyers in Kyrgyzstan, offering financing with rates starting from 15%.
When you choose a vehicle on Mashina.kg and submit an online application, the bank automatically reduces the markup by 1%. If the vehicle costs no more than KGS 1,200,000, customers may qualify for financing without a down payment.
A simpler way to buy a car
The process has been designed to help you save both time and money. If the vehicle price is within the KGS 1,200,000 limit, there is no need to spend months saving for a down payment. Simply choose a vehicle on Mashina.kg, submit your application, and receive an additional 1% reduction in the markup.
These terms are available to everyone, including salaried employees, entrepreneurs operating under a patent or certificate, and retirees.
How to apply for auto financing
Applying online is quick and easy, with no unnecessary office visits or paperwork.
- Visit the Mashina.kg website or mobile app and choose a vehicle from the catalog.
- Enter your preferred financing term and down payment amount in the calculator to instantly see your estimated monthly payment. If you plan to finance without a down payment, simply skip this step.
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Take advantage of additional benefits:
- A down payment of 10% to 30% reduces the markup by 1%.
- A down payment of more than 30% reduces the markup by an additional 1%.
As a result, the final markup can be as low as 15%.
- Wait for a call from a manager to receive a preliminary decision. This usually takes around 15 minutes.
Before purchasing a vehicle, you can also open the MBANK app to check your available financing limit and plan your budget in advance, even before inspecting the car.
MBANK — the first digital. Made in Kyrgyzstan.
License of the National Bank of the Kyrgyz Republic No. 014.