This is a consumer credit scheme which allows qualified individuals to part-finance the acquisition of cars for personal use. Customers can own a car and pay over a period of time.
It enables customer purchase vehicles from auto
dealers who have been prequalified and have agreed on an SLA with the bank
Features
Borrow N500,000.00 to N30,000,000.00
Payment over 12 to 60 months
Contribute as low as 20% towards the purchase
Comprehensive Insurance on the car for the entire
loan period
No security required
Competitive pricing and no hidden charges
Benefits
Installation of free tracking device for auto valued
at N3, 000,000 and above
Buy a car of your choice from our list of acceptable
brands and spread payment over a convenient period
We have reliable dealers accredited to ensure you
buy from a safe source
Convenient insurance payment included in the loan
repayment amount
No residual cost at the end of the loan
Eligibility
Individuals in structured employment
Self-employed individuals with regular income.