Vehicle Loan

New Vehicle

• 10% of the cost of the vehicle is required on ordinary shares.
• Pro Forma Invoice
• Job Letter/ Pay Slip
• Fully Comprehensive Insurance Quotation.
• Interest Rate:
  0.9% per month for 5 years
  1% per month for 6 years
  1.25% per month for 7 years
  
  

Used Cars (Roll On-Roll Off)

For used vehicles less than five (5) years old:

• 33 1/3 % of request on shares
• Maximum loan period 5 years
• Interest rate 1% per month
• Job Letter /Pay Slip
• Pro Forma Invoice
• Quotation for Insurance.
  
  

Vehicles more than five (5) years old:

• 50% of the cost of the vehicle on Ordinary Shares
• Interest Ratte of 1.25% per on reducing balance (Roll On Roll Off Vehicles)
• Job Letter / Pay Slip
• Invoice.