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
- Pro Forma invoice/quotation from supplier
- Statement of personal position of Applicant/Guarantor
- 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
|
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