|
|
With the Car Loan you can purchase:
- new or second hand vehicle;
- a car, van, minibus.
The Car Loan is designed for both personal and corporate clients.
Maximum Loan Amount
up to EUR 50 000 or its equivalent in BGN; up to 75% of the vehicle valuation.
Period
from 1 to 5 years.
Terms and Conditions
‘Motor on Damage’ and ‘Civil Liability’ car insurances at Allianz Bulgaria Ins. Company paid by the borrower;
Terms and conditions when purchasing a second hand vehicle:
- The age of the vehicle + the loan repayment term should not exceed 5 years (e.g. maximum loan term is 24 months for a 3-year old car).
The bank does not grant loans for purchase of taxi or security vehicles.
Interest Rate
For loans in EUR:
 |
|
up to 24 months. |
8,90% |
 |
|
from 25 to 60 months |
9,40% |
|
|
For loans in BGN:
|
|
up to 24 months |
10,90% |
|
|
from 25 to 60 months |
11,40% |
|
|
Repayment
- Equal monthly installments;
- Prepayment option.
Fees
- One-time fee: 2% on the loan allowed;
- Prepayment fee – upon agreement from 0,1% to 1% on the prepaid principal.
Collateral
- Pledge on the vehicle purchased with the loan;
- Promissory note for the loan amount.
Required documents
For individuals:
- Loan Application Form;
- Copy of the ID card;
- Income evidencing documents (for the past 12 months);
- Specification (offer) for the vehicle.
For entities:
- Loan Application Form;
- Copy of the Company Court Registration File;
- Certificate of Current Legal Statement;
- Copy of the Statistical BULSTAT Code;
- Copy of the Certificate of Tax Registration and VAT Registration;
- By-laws and Articles of Association;
- Copy of ID(s) of the person/s representing the company;
- Minutes of the company meeting evidencing the validity of the decision to apply for a bank loan and the authorisation of the company representative;
- Annual Balance sheet, Income Statement and Cash Flow Statement of the company for the last year and for the last 3-month period;
- Certificates from the Tax Authorities for taxes and other public liabilities due;
- Specification (offer) for the vehicle.
The bank reserves the right to ask for additional documents to be presented.
You can get more information on the terms and conditions on the car loan at the
closest bank office.
For more information:
0 800 1 BANK (0 800 1 2265) – non-stop 24/7
>support@bank.allianz.bg
|
| |
 |
|
