Loan Accounts
Vehicle Loan
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Requirements for New Vehicles:
- Subject to normal lending criteria.
- Interest rate (secured): 0.42% on the reducing balance (10% unencumbered shares)
- Bank Standing Order/Salary Deduction. Over the Counter payments provided that member has a timely record of monthly repayment amounts over a 12month period.
- Applicable loan fees apply
- The maximum repayment period for the loan product will be 84 months or 7 years.
- No merger with existing loans
Supporting Documents:
- 2 forms of valid photo ID
- Recent job letter (no older that 3 months)
- Recent payslip (no older than 2 months)
- Recent utility bill (no older than 3 months)
- Vehicle Invoice
- Fully Comprehensive Insurance Quotation
How much can I borrow?
%
Per Month On The Reducing Balance
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Payment Information
Your Monthly Payment Will Be: $0.00
Note: The calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options. Interest rates and repayment amounts are subject to change. Applications for a mortgage loan are subject to approval and satisfactory security. Full terms and conditions will be in our loan offer.
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