Financing loans for new and used cars / Business owners
- Amount:
Up to 70,000 USD or equivalent in other currencies. - Beneficiaries:
Business owners (Doctors, pharmacists, engineers, labs, lawyers, craftsmen and small business owners).
Terms, conditions and guarantors:
- Free life insurance for employees with more than one year of service.
- Financing of 60% of car value.
- The manufacturing date of used car shall not exceed 4 years after the appraisal and checkup.
- Payment period up to 84 months.
- Deduction from monthly net income will not exceed 50%.
- The car shall be mortgaged to our bank and fully insured with endorsement policy for the bank.
Required documents:
- A written request from the applicant.
- A copy of personal ID of the debtor and guarantors if there were any.
- Sign on a form of inquiry authorization.
- A recent pay slip of guarantor if available.
- Appraisal report of used car.
- Car purchase offer.
- A valid practice profession certificate.
- Registration certificate for entities.
- Proof of income.
- leasing contract of business place.
- A copy vehicle license or customers papers.
- Account statement for the last 6 months in case of purchasing loans with no salary transferred.