Purpose of the Loan: Financing the purchase of new cars in the primary market to meet personal transportation needs.

Loan Term Options: 1, 2, 3, 4, or 5 years

Grace Period: Up to 6 months (for differentiated payments).

Loan Amount: Up to 85% of the total amount specified in the purchase agreement.

Minimum Down Payment: 15%

Repayment Options:

• Annuity Payments: Fixed monthly installments.

• Differentiated Payments: Decreasing monthly installments.

Collateral Requirements:

• The purchased vehicle serves as collateral.

• The vehicle must be insured.

Age: 18 to 65 years (inclusive).

Income Verification: A stable source of income confirmed over the last 6 months (salary, pension, or other legally recognized earnings).

Financial Stability: Sufficient income to cover monthly loan and interest payments.

Credit History:

• No outstanding debts overdue by more than 90 days.

• Past-due debts up to 3 months on previously repaid loans are acceptable.

Co-Borrowers:

• Up to 2 co-borrowers allowed.

• Co-borrowers must meet the same eligibility criteria.

No paperwork required! 📲 Apply remotely via our mobile app with an electronic application process.