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;