Bridge Auto Loan
The car loan is a financing option intended for the acquisition of a vehicle according to two options: the standard option and the simplified option. The standard option concerns new vehicles, the loan is contracted in partnership with car dealers and requires a pledge on the vehicle. The simplified option concerns used vehicles and does not require a pledge on the vehicle, but the purchase must be made from an authorized dealer partner of used vehicles.
ADVANTAGES
Acquire a new or used vehicle with cost and choice advantages.
CHARACTERISTICS
Maximum amount |
40 million FCFA |
Repayment period |
5 years |
Interest rate (excl. tax) |
7.5% |
DOCUMENTATION
A loan application form signed by the client;
A receipt from SODECI or CIE dated within the last three months or a residence certificate;
An employment certificate;
An irrevocable commitment to salary and/or bonuses provided by the employer;
The last three payslips;
A BIC consent form;