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 ::: AUTO  LOAN
The product is designed to assist the Low and Medium Income Group purchase new and used cars that are affordable to them. The bank part-finances the cost of the car up to a maximum of 85% while the applicant contributes
 
Features/Benefits
  • üCompetitive pricing
  • Maximum amount per application is N10,000,000
  • üTenor= 48 months for new cars
  • üEquity contribution as low as 15%
  • üUsed Cars should not exceed 4 years from production date
 
Target Market
  • üStaff of reputable organizations
  • üIndividuals with steady cash flow from business
 
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