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With Polaris Bank’s Auto Loans Scheme, your dream car can become reality!
Customers can purchase brand new vehicles of their choice and spread repayments conveniently.
Open to both Polaris and Non-Polaris Bank Salaried & Self – employed customers
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That dream car can become reality! With our Auto Loan product, customers can purchase brand new vehicles of their choice and spread repayments conveniently.
The Loan Scheme is will be made available to both salaried and self-employed individuals under the following terms:
- Loan Amount: Up to N40million
- Loan Tenor: Up to 48 months
- Equity Contribution: As low as 10% of Vehicle Cost
Car Models: GA4, GS3, GS4, GS8 and GN8
Target - Salaried employees & Self-employed customers with verifiable source of income
Pricing
- Interest rate:0% p.a. for first 4 months, 25% p.a. in the subsequent 56 months
- Management fee:1% flat
- Auto Insurance:5%
Equity Contribution - 0%
Tenure - 60 months (Leveraging the 5 year warranty offered by the vendor)
Additional Benefits
- 5 Year Warranty
- Free Car registration
- GAC Motor gift box/Starter kit
- FREE first check & first service at 5,000 km/h or 3 months
- Dedicated After Sales Service (SA – Sales Advisors)
- Mobile service - GAC fast Care
Models: JS3 Luxury, JS4 Luxury, JS4 Flagship, J7 Luxury, J7 Flagship, JS6 and T8 Pro
Target: Salaried employees & Self-employed customers with verifiable source of income
Pricing:
- Interest rate: 0% p.a. for first 4 months, 25% p.a. in the subsequent 56 months
- Management fee: 1% flat
- Auto Insurance: 5%
Equity Contribution: 0%
Tenure: 60 months (Leveraging the 5 year warranty offered by the vendor).
Additional Benefits:
- 5 Year Warranty or 150,000km
- Free car registration
- Driver Training on special techniques for vehicle maintenance
- FREE - first check
- Free accessories - Fire extinguisher, foot mats
- 1-year free service