Loan disbursement: Bank transfer money to the current account of car dealer.
Loan amount – from 40 000 to 2 600 000 UAH.
- for a private individual - 30%, for a private entrepreneur -35%.
Type of repayment schedule:
- Monthly, annuity method;
- Monthly, standard method.
Loan and interest repayment: available in any Branch of the Bank.
Pre-term loan repayment: available starting from the very first month after loan disbursement, with no any penalties or fees.
Loan is pledged by: vehicle being purchased.
Mandatory insurance: full CASCO, Motor Third Party Liability Insurance, Life and Health Insurance of the Borrower.
- commission for operations in the State Register – UAH 750 one-off;
- CASCO insurance by a program partner;
- Motor Third Party Liability Insurance by a program partner.
Real annual interest rate: from 2.95% per annum (calculated on the basis of the lending period to 24 months interest rate of 0.01%, a standard repayment schedule). The actual value of the real annual interest rate on the loan will depend on the individual conditions of credit (loan amount, term, special conditions for the product, etc.).
A complete list of required documents
1. Minimum down payment is 30% - for private individuals, and 35% - for private enrepreneurs.
* CREDITING CONDITIONS WITH DIFFERENTIAL INTEREST RATE:
The rate of 0.01% during the first 12 months of the loan, regardless of the total lending period (maximum term: 60 months), from the 13th month of lending is the only fixed rate.
METHOD OF LOAN LENDING AND INTEREST:
On a monthly basis, the loan body is repaid in equal shares, interest is charged on the outstanding balance of the loan (standard repayment schedule)