Car Loans

For public sector and accredited/non-accredited private sector (salary transfer prerequisite)

  • Competitive interest rate.
  • Financing up to 100%.
  • Repayment term up to 96 months.
  • Debit burden ratio (DBR) up to 60%.
  • Financing new and used vehicles (not to exceed 15 years from date of manufacture).
  • No guarantor.
  • Must mortgage vehicle against loan amount.

For accredited/non-accredited private sector (No salary transfer prerequisite)

  • Competitive interest rate.
  • Financing up to 80%.
  • Repayment term up to 72 months.
  • Debit burden ratio (DBR) up to 50%.
  • Financing new and used vehicles (not to exceed 15 years from date of manufacture).
  • No guarantor.
  • Must mortgage vehicle against loan amount.
  • Comprehensive Auto insurance.

For professionals and entrepreneurs

  • Competitive interest rate.
  • Financing up to 80%.
  • Repayment term up to 72 months.
  • Debit burden ratio (DBR) up to 45%.
  • Financing new and used vehicles (not to exceed 15 years from date of manufacture)
  • No guarantor.
  • Must mortgage vehicle against loan amount.
  • Comprehensive Auto insurance.

Partial financing – up to 50% financing for all sectors

  • Minimal documentation requirements.
  • Competitive interest rate.
  • Repayment term up to 72 months.
  • Debit burden ratio (DBR) up to 50%.
  • Financing new and used vehicles (not to exceed 8 years from date of manufacture).
  • No guarantor.
  • Must mortgage vehicle against loan amount.
  • Comprehensive Auto insurance.