Our Youth
Our young customers can now transfer their salary to Palestine Islamic Bank and enjoy the exclusive benefits of the “Our Youth” Campaign. They can buy their dream car at an interest rate of only 3%, and financing terms for up to 84 months. They also receive a Prepaid Card, a Platinum Card, and an ATM Card — all exempt from issuance fees for the first year.
1- Car loans at a preferential interest rate of 3% in both shekel (cash only) and US dollar.
2- Loan repayment period of up to 84 months.
3- Ability to pay car insurance in installments of up to 12 months at the same cash price, under the terms and conditions of the insurance installment program.
4- A Prepaid card with issuance fees waived for the first year.
5- A Platinum card with issuance fees waived for the first year (according to terms and conditions).
6- An ATM card with issuance fees waived for the first year.
1- The campaign is open to both existing and new retail clients, provided that the client has secured permanent status at their job during the campaign period.
2- The client must be between 22 and 28 years of age.
3- The client’s salary must be transferred to the bank from an authorized employer.
4- The client’s total monthly obligations must not exceed the ratio approved under the bank's loan policy.
5- The car shall be registered as collateral and should be fully insured with a Takaful insurance company, with the insurance assigned in favor of the bank for no less than the vehicle's purchase value.
6- A personal guarantee from a close relative (father / mother / spouse / brother / sister) is required.
7- If the client works for an employer that is not authorized by the bank, a salary-transfer sponsor from an authorized employer must be provided.
8- The car must be manufactured in 2017 or later.
9- The campaign runs until 28/02/2026.
10- Subject to the terms and conditions of the campaign and the bank.
Rate
For any Questions ?
You can contact us easily and we will get back to you in a short time