• • CFC achieved profits of 7.205 million KWD (14 fils per share) for the period that ended on 30 September 2018

Automobile

You can finance your new or used car for up to 15,000KWD or 15 times your basic salary (whichever is less) with a one to five years financing period. You can submit your application through:Changed

1) Website 
2) Smartphone Application
3) Five branches
4) CFC offices in car showrooms   
5) CFC representatives in used car exhibitions  

 

  • Application requirements:
    CFC has placed simple requirements and conditions that must be met for customers wishing to obtain credit facilities. The company has ensured that these conditions are as simple as possible.
  • Below is a list of the initial requirements:
    Civil ID for nationals
    A recent Salary certificate
    Passport for Non-Kuwaitis
    Minimum salary is 250
    The total monthly obligations of the client does not exceed 40% of his net income and 30% in the case of retirees.
    The loan amount shall not exceed 15 times the income or fifteen thousand Kuwaiti Dinars, whichever is less
    Financing period does not exceed 60 months
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