Micro Business Loan
Mode of car
Acceptable for all cars
Maximum Loan Amount
Up to USD$50,000.00
Loan to Value Ratio
55% of the purchased car
Guarantor
Third Party Guarantors and/or "not"
Interest Rate
14% per annum (negotiable)
Loan Processing Fee
1% of the loan amount to be deducted at the time of disbursement of loan
Lawyer's Fee
USD$50
Registration Fee
Ministry of Transportation & Car Number, Borne by Customer
Loan Term
Up to 60 months (5 years)
Early / Advanced Loan Repayment (Full & Partial)
Waived (No penalty)
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Terms and Conditions
- Terms & Conditions Applied
- The bank reserves the right to change the above information without prior notice.
