Bank Respublika offers loans on favorable terms for those who want to buy a new car.
- Initial payment - from 40%.
- Maximum loan amount - 100,000 AZN
- Maximum loan term - 36 months
- Annual interest rate
- Cars sold by Group Motors (Honda, Mazda, Subaru, Mitsubishi, Toyota):
- If the period is up to 12 months - 18%;
- the period from 13 to 24 months - 21%;
- If the period is 25 - 36 - 22%.
- For other brands of cars - from 24%.
- Commission - 1%
- Collateral - Cars with a production date of less than 1 year.
- Sureties - may be required in exceptional situations.
Required documents
- Identity document;
- Driver's license (if not, then under the guarantee of someone who has a driver’s license);
- Certificate of car purchase or technical passport;
- Certificate of Income.
