Al- Amana Finance- Car loan fully paid. What is next?

posted by Al- Amana Finance- Car loan fully paid. What is next?

Long time ago there was a post on Al- Amana finance co. which gives car loans. I am searching for that post in which detailed process, after full loan payment has been paid, was mentioned.

However, you people can give me brief summary on what is the next process after car loan has been paid in full.

I bought a car financed by Al- Amana co. I have repaid the full loan and want to get new car daftar without showing “car under finance”. Kindly educate on this issue.

Thanking you.

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Posted On 8/23/2017 1:01:44 AM by Loan

Go to the finance company and tell them you have repaid all loan. They will give a letter confirming you have paid all installments and interest. There is no due pending.
Ask them for full payment details . They will printout and give you.

They will also give you a paper to Muroor that you have paid back all loan and there is no loan and car ownership can be changed to your name.
Take this letter and go to your area muroor and may be there is form for it and type that and 5 KD stamp fee . plus the original daftar. You will get new dafter in your name and the botton line "Car under loan" will be deleted.

Posted On 8/23/2017 1:16:37 AM by shuweikh

This is from the old post in IIK forum:
Procedure for changing car to your name after completion of loan
posted by ekm man

Go to the head office of your loan provider and get clearance documents. In my case it was Alamana investment (Alghanim). Location (Near Ali Abdulwahab Al Mutawa Commercial Furniture & Appliances Showroom, Dajeej): https://goo.gl/maps/vzigJRZmM122

Go to area muroor and type the application. Affix 2 KD stamp. Submit the documents. After sometime you will get new daftar after removing the name of loan provider.

Posted On 8/23/2017 2:26:10 AM by Car under loan

Thank you all for the correct steps.

Posted On 8/25/2017 10:04:53 PM by kuwait city

I done last month only take clearance paper from Al Amana co and go direct to your area traffic dept. no need stamp and type another paper just take paper from Al Amana co and go traffic dept. they will change your registration on your name.

Posted On 9/13/2017 9:31:27 PM by Car owner

Dear all. Just to inform you the process.

I went to Al Amana co in Dajeej (difficult to locate the office in the absence of sign board). Got the clearance paper along with the Idmatokiya. However I took an additional loan clearance letter just for own records.

Went to Jabriya marur with this paper and car daftar. Confused which counter to approach. After much hassling went to the right counter and submitted clearance paper and old daftar. Got new daftar within minutes on the spot. Left the clearance paper and old daftar with marur.

My advise:- take the copy of old car daftar to match with the details in the new daftar. In case of any discrepancy same can be corrected then and there.

Posted On 10/9/2017 3:18:53 AM by Shirley

I went to location as posted by shuweikh but I couldn't find the office inside the commercial center. Asked many people but sadly no one was aware of amana investment. Could anyone provide additional details as in where the office is exactly located. I even tried calling the office but no-one seems to be interested in answering the phone.

Posted On 10/9/2017 5:55:10 AM by Car owner

@ Shirley. Ask Alghanim office. Its located opposite huge car parking ground. You can see Road no. 55 from this place. Al Amana office is on the 1st floor.

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