Bank Respublika offers loans on favorable terms for those who want to buy a new car.
- Initial payment - min.10%.
- Maximum loan amount - 100,000 AZN
- Maximum loan term - 36 months
- Annual interest rate - HEV/Petrol min.12%, EV min. 12.5%
- Commission - 1-1.5%
- FIFD - HEV/ Petrol cars min.13.9%- max. 18%, EV cars min.14.4% - max. 18%
- Collateral - Cars with a production date of less than 3 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.
