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Pata Gari Bila Stress!
I&M Bank car loan offers you: Up to 100% car financing | 60-day grace period | Competitive interest rates | Quick turnaround time your dreams of owning your car are made easier!
Why get financing from I&M Bank Ltd?
At I&M Bank, we make sure your experience is the best throughout the process. Our team of experts will take you through the process to get your car financed with professionalism.
You will enjoy:
Up to 100% car financing
60-day grace period
Quick application process
Own your dream car today!
Features and Benefits
Financing
We offer up to 100% car financing. You choose, we'll finance!
Tenor of Loan
Up to 72 months repayment period
Interest Rate
Base (Currently 12.55%) + 3% p.a.
Loan Processing Fee
2% of loan amount (One-off)
Authorised Sellers
Locally established second-hand dealer showrooms
Vehicle Age Restriction
Up to 9 years
Insurance
Insurance Premium Financing (IPF) available.
Individuals/Sole Proprietorships
- Duly completed Asset Finance Application Form.
- Proforma Invoice from the Dealer/Vendor
- ID copy
- PIN Certificate
- Latest pay slip (if salaried)
- Latest 6 months bank statements (12 months if business is seasonal in nature)
- Business PIN Certificate (Where applicable)
- Certificate of Business Registration (Where applicable)
- Copies of contract where asset sought is meant to meet contractual requirements