Vehicle Loan
Vehicle Financing Support is one extended to creditworthy natural or legal persons by a method where the Bank purchases the vehicle required by them and then resells it thereto by adding a profit according to the required term.
Vehicle Loan |
||
| TL | ||
|---|---|---|
| Term | Profit Share Rates | Total Annual Costs |
| 2 - 12 Months | %1,27 | %16,24 |
| 13 - 24 Months | %1,30 | %16,6 |
| 25 - 36 Months | %1,30 | %16,85 |
| 37 - 48 Months | %1,30 | %17,1 |
Documents necessary for application:
- Application Form,
- Copy of Identity Card,
- Tax Sign for the Self-employed,
- Payroll for Wage Earners,
- Specimen Signature Declaration,
- Proforma Invoice for the vehicle to be purchased.
Loan can be extended for vehicles up to 5 years of age if the vehicle is used.
The total cost rates are calculated at TL 100,000. Insurance costs are not included in the annual cost.
