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Small Business Awards

Lease Financing Personal

Purpose

For personal/family transportation

Personal Requirements

  • In fixed employment with regular source of income
  • Have a gross salary of $20,000 plus per annum

Documents To Be Provided When Lodging Your Application

  1. Pro Forma invoice/quotation from supplier
  2. Statement of personal position of Applicant/Guarantor
  3. Salary Slip from employer
Loan Type Term Of Loan
(Should Not Exceed)
Brand New Vehicles 60 months
Japanese 2nd hand 36 months
Local 2nd hand 24 months
4x4 Vehicles (2nd hand) 48 months
(The lease term should terminate comfortably short of the useful economic life of the asset to be leased)
Interest Rate 12% Flat rate p.a
Interest is calculated on daily balance and charged automatically to your account monthly.
Equity Contribution 25% either in
  • cash or
  • trade-in
Security Required
(to adequately cover loan amount and may include)
  • Consumer Lease
  • Personal Guarantees
  • Assignment over salary proceeds from Bank account or with employer

Call Your Nearest Branch For More Information

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Fiji Development Bank
360 Victoria Parade
PO Box 104
Tel: 679 - 331 4866 Fax: 679 - 3314886
Email: info@fijidevelopmentbank.com