This product is designed to help members purchase private motor vehicles, using the vehicle as collateral for financing. It will be offered in collaboration with reputable dealers of both new and imported second-hand cars.
Loan is secured by private motor vehicle log book with comprehensive insurance
The motor vehicle should NOT be more than 10 years old from the date of manufacture
Loan granted is up to 100% of motor vehicle value
Maximum repayment period of up to 48 months
