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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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