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·    The Car loans program

   

Through this loan, you can buy the car you wish, and the installments will be deducted from your monthly income with a proper interest rate that matches your financial capacity.

 

·        Advantages of the service:

 

 Customers availing car loans will benefit from the following features:

§         A repayment period up to 48 months.

§         Simple and fast internal process.

§         Competitive interest rates 

 

·        Conditions of the loan:

 

§        Prior Payroll & Personal Credit Agreement between your employer and CAC Bank;

§        An undertaking from your employer to deposit your monthly salary, or the calculated installments, to your account with the Bank;

§        A Guarantee of two of your colleagues;

§        Having a minimum service period with your current employer.

§        The car insurance at borrower’s cost and in favor of CAC Bank.

§       The car to be registered in the name of CAC Bank until the full repayment of the loan's amount.

 

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