Motor Vehicle loan
We provide financing for any age vehicle as long as it can be comprehensively insured.
Features
- No Ordinary Share requirement
- Maximum Term of up to 10 years to repay
- Minimum 10% monthy Share savings
- 50% Reduction in Processing fee
- Up to 120 months to repay (Dependent of age of vehicle)
Example of Loan Repayment
|
Year Of Motor Vehicle |
Interest Rate |
Repayment Period |
Cost Of Motor Vehcile |
Repayment Amount |
|
2017 |
10.5% |
60 months |
$2,000,000.00 |
$43,000.00 |
|
2023-2024 |
7.45% |
120 Months |
$5,000,000.00 |
$65,230.00 |
*Conditions apply
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