Standard Trust Auto Loan is a credit facility designed for our clients to purchase any vehicle of choice. Buying a dream car. can be both tedious and complicated. We assist our valued clients with the needed funds to realize this lifestyle dream,
because vehicle ownership is paramount to their daily activities. Our Auto Loan facility can be accessed by Individuals, Professionals, Consultants and Salaried workers with recognized institutions to acquire a vehicle for personal/company
Offer Details
• Loan Repayment: Annuity payment Method (Same amount is paid monthly)
• Age of Venicle: The vehicle must not be older than five (5) years
• Tenure, 60 months or less
• Security: Charge over vehicle to be purchased
• Personal Guarantee of applicant
• Provident Fund if any
• Vehicle shall be registered and insured in the joint names of CalBank and cllent
• Debt Burden. Not more than 45% of income
• Pricing: GRR + Agreed Risk Premium
• Arrangement and Processing fees: 3% (to be paid upfront)
• Maximum Loan. The Bank finances up to 80% of the value of the vehicle
• Insurance: The vehicle will be comprehensively insured
• Readily available credit on a timely basis
• Flexible terms of repayment
• Prompt advisory services shall be given by a team of dedicated account managers