FinSecure Bank Auto Loan!
Drive your dream car home with FinSecure Bank's Auto Loan.
Discover the freedom of owning your dream car with FinSecure Bank's Auto Loan. Our auto loan offers competitive rates, flexible terms, and a seamless application process designed to make your car-buying experience as smooth as possible.
Features
- Borrow $50,000.00 to $150,000.00
- Payment over 12 to 48 months
- Contribute as low as 20% towards the purchase.
- Comprehensive Insurance on the car for the entire loan period
- No security required
- Competitive pricing and no hidden charges.
Benefits
- Installation of free tracking device for auto valued at $300, 000 and above(Free for cars above $3milion otherwise, $50,000.00)
- Buy a car of your choice from our list of acceptable brands and spread payment over a convenient period
- We have reliable dealers accredited to ensure you buy from a safe source.
- Convenient insurance payment included in the loan repayment amount
- No residual cost at end of loan tenure
Car Loan____Eligibility
Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.
Car Loan Amortization Schedule
| Year | Opening Balance | EMI*12 | Interest paid yearly | Principal paid yearly | Closing Balance |
|---|---|---|---|---|---|
| 1 | 25,00,000 | 2,28,109 | 1,66,879 | 61,231 | 24,38,769 |
| 2 | 24,38,769 | 2,28,109 | 1,62,615 | 65,494 | 23,73,276 |
| 3 | 23,73,276 | 2,28,109 | 1,58,055 | 70,054 | 23,03,222 |