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 the member has a timely record of monthly repayment amounts over a 12-month period.
- Applicable loan fees apply
- The maximum repayment period for the loan product will be 96 months or 8 years.
- No merger with existing loans
- 2 forms of valid photo ID
- Recent job letter (no older than 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?
Your Monthly Payment Will Be: $0.00