Car Loan

Car Loan

Learn how to obtain up to 90% financing.

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New Car

Competitive Interest Rate

Financing

Have you picked out your new car yet? Learn how BFA can make your dream come true.

Signing up

1º Visit your nearest Investiment Centre and open a Salary Account
2º Simulate your Car Loan here
3º Apply for a Car Loan at your Investiment Center
4º Submit the required documents to your Branch

Benefits

• A loan customized to your needs
• Competitive interest rates
• Equal monthly instalments
• Buying a new car through instalment payments
• Customized service

Maximum financing amount

Vehicle with a market value of up to AKZ 6.000.000 - Up to 90% of the pro-forma invoice amount
Vehicle with a market value between AKZ 6.000.000 and AKZ 10.000.000 - Up to 80% of the pro-forma invoice amount
Vehicle with a market value higher than AKZ 10.000.000 - Up to 70% of the pro-forma invoice amount

Financing available for purchases of new vehicles with payment directly to dealerships.

Loan period

6 to 60 months

Full products details

For more  information, click here

 

Documents required

• Identification documents (ID Card and Taxpayer Identification Number) of the borrower and spouse
• Proof of marital property scheme, if applicable

• Proof of earnings:

• Statements from employers, evidence of salary and/or proof of other income
• Submission of a commitment letter from Employers to deposit salary payments in a BFA account or, if not possible, a statement from the Client committing to transfer salary payments to BFA on a monthly basis
• Commitment letter from the guarantor
• Executed promissory note: by the borrower, spouse and guarantors

Others

• Guarantor
• Life Insurance: can be contracted at BFA branches
• Car Insurance: can be contracted at BFA branches

Related products

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