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)

Terms and Conditions

  • Terms & Conditions Applied
  • The bank reserves the right to change the above information without prior notice.