Let's Drive!
ABA offers you a NEW loan program for purchasing NEW Car from Car Dealers! Our Car Loans are available exclusively for ABA current account holders.
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Conditions: |
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Product Name |
ABA Car Loan |
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Curency: |
USD |
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Interest Rate: |
From 14% p.a. |
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Max Loan Amount: |
Up to 60% of Car value or 40,000.00 USD |
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Loan Term: |
Up to 60 months |
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Collateral: |
Purchased Car or Titled Real Estate Property |
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Loan Repayment: |
Monthly equal installment of principal and interest. |
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Insurance: |
Annual Car Insurance required |
Benefits of ABA Car Loans:
Attractive interest rate;
Easy registration and quick approval;
No penalty for early repayment;
No processing fee
Eligibility requirements
Current account with ABA Bank.
Age 21-50 year old;
Steady employment or self-employment (work experience on the current work place – minimum 6 months, total work experience – minimum 12 months);
Regular and adequate income – The ratio of EMI to disposable income should be maximum 70%.
Must have a valid driving license
How to apply?
Visit one of our branches and meet our Client Managers
who will guide you through the application procedure,
or give us a call at 023 225 333 for further information.
