Auto Loan

Drive Your Dream Car with Flexible Auto Financing

Why Choose Our Auto Loan?

Equity Contribution: Own your vehicle with a minimal upfront contribution from as low as 10% for new vehicles and 20% for pre-owned vehicles.
Flexible Tenure: Repay conveniently over a tenure of up to 48 months.
Competitive Interest Rates: Enjoy affordable financing designed to make vehicle ownership easier.
Quick Processing: Fast approval and disbursement to get you on the road sooner upon fulfilment of all conditions.
Wide Vehicle Selection: Finance both brand-new and pre-owned vehicles from approved vendors and dealerships.
Convenient Repayment: Structured monthly repayments through salary domiciliation or direct debit arrangements.

Duly completed Loan Application Form (LAF)
Duly accepted Offer Letter.
Employer’s Letter of Awareness/Introduction or Duly completed Employee Inquiry Form.
Copy of the obligor’s Staff ID and a valid means of identification.
Pro-forma Invoice for the vehicle issued in the name of the Bank and the applicant.
Clean Credit Bureau/CBN CRMS Report.
Vehicle valuation report (for pre-owned vehicles).
Vehicle certification/inspection report (where applicable).
Comprehensive Insurance Policy with the Bank noted as First Loss Payee.
Vehicle registration and title documents (upon purchase).

Maximum loan amount up to ₦75 million
Own your dream vehicle and pay in instalment
Access financing for both new and pre-owned vehicles.
Maximum loan amount is based on the applicant’s eligibility and repayment capacity.
Enjoy convenient and affordable repayment plans up to 48 months.
Preserve your savings while acquiring a vehicle.
Drive with confidence through approved and verified vendors.