Auto Loan

Get one for the road

Whether it’s your first car or you want to upgrade to a higher model, the UBA Auto Loan product enables
you to drive your dream car, while you repay conveniently. Approved brands are Toyota, Honda,
Mitsubishi, Hyundai, Mercedes, Nissan, Ford, Suzuki, Kia and Volkswagen.

Product Features & benefits

Eligibility Criteria

How to apply

UBA SUZUKI AUTO PROMO

Get a brand-new Suzuki from as low as N84,000 monthly. 

The UBA Suzuki Auto Loan promo offers various Suzuki car models with a convenient repayment plan and exciting perks to all salary earners.

The promo offers:
  • • Free vehicle registration
  • • Free fuel for one year, worth N100,000
  • • One-year free service – labour and car parts replacement
  • • Three-year warranty
  • • Wide range of vehicles to select from
  • • Convenient repayment plan
suzuki-auto-promo
The UBA Suzuki Promo is applicable to the following models of Suzuki brand only:
Model
Amount
Equity Contribution (30%)
Estimated Minimum Repayment
Alto
3,700,000.00
1,110,000.00
81,700.00
Dzire
6,000,000.00
1,800,000.00
132,500.00
Baleno
7,300,000.00
2,190,000.00
161,000.00
Ciaz
9,150,000.00
2,745,000.00
201,800.00
Vitara GL
10,150,000.00
3,045,000.00
223,900.00
Vitara GLX
11,800,000.00
3,540,000.00
260,250.00
**The loan repayment tenor is 48 months (4years)
Please ensure the Pro-forma invoice presented reflects this price. Also, delivery to locations where there is no Suzuki outlet comes at an extra cost and should be clearly stated in the Pro-forma invoice.
How to apply:
Please visit a UBA branch with the following documents:
  • • A Pro-forma invoice from Suzuki
  • • Valid means of identification
  • • Staff Identification card
  • • One passport photograph

Participating Vendors

Cedric Autos-Toyota

Iheh Mic- Toyota, Lexus, Hond

Stallion Nmi-Nissan

CFAO – Suzuki, Mitsubishi

Frequently Asked Questions (FAQs)

Here is everything you need to know about the UBA Auto Loan
A loan for customers whose salaries are domiciled with UBA, for acquisition of automobiles from any of the approved vendors by the Bank.
  • With UBA Auto loan, you can acquire the following vehicles:
    • Mercedes
    • Honda
    • Hyundai
    • Kia
    • Suzuki
    • Benz
    • Ford
    • Toyota
    • Mitsubishi
    • Nissan
    • Volkswagen
Yes, provided your income can support additional facility subject to approved percentage of your salary for loan repayment.
No, you do not need additional collateral for auto financing. Vehicle financed serves as the collateral.
Yes, there is after sales service on vehicle financed as specified by the retailers.
Customer is required to contribute at the minimum, 30% of the cost of vehicle to be acquired.
Yes, all financed vehicles will be insured by insurance companies approved by the Bank.

Terms and Conditions apply