Car Loan| BAOVIET Bank

Car Loan

High Loan Limit:

Up to 90% of the car value

Long Loan Tenors:

Up to 120 months

Repayment Method:

Flexible

Benefits

• Tenor: Up to 120 months
• Loan Limit: Up to 90% of the car value
• Preferential interest rate

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Features

• Applicant: Individual has lending demand for buying Car
• Flexible Repayment Methods: Monthly Interest Payment, Monthly/Quartly Principal Payment
• Simple and Fast Procedures
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New Cars and Used Cars Comparison

• Loan to buy a new car
- Loan limit: Up to 90% of capital requirement
- Tenor: Up to 120 months
- Income sources: from salary, business, property rental ...
- Collateral: Cars, Real Estate
• Loan to buy used car
- Loan limit: Up to 80% of capital requirement
- Tenor: Up to 120 months
- Income sources: from salary, business, property rental ...
- Collateral: Cars, Real Estate "
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Documents

• Application for loan and repayment method form
• Family record Book or long-term temporary residential permit, identity card or passport;
• Documentary evidence of the applicant’s financial capacity and repayment source;
• Documentary evidence of the loan use purpose (Sale Contract, payment documents...)
• Documents of collateral (if the collateral is not the car).
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