Vehicle loan

• Maximum loan amount : Depend on personal capacity
• Duration : 5 years
• Type of financial assets : Car for personal user or for doing business at the rate of interest of 19%
• Compulsory insurance: Assurance Tous risque
• Souscription Age: 21 years old

Eligibility conditions

• Salary domiciliation to BOA current account for at list a period of 3 months
• Being salaried and has a current account
• Seniority of 3 monthy
• Repayment ratio not exceding 50% of net salary
• Completed probation period
• Salary domiciliation not considered if a loan is takeover
• If married, spouse salary to be considered and spause to sign committment form to pay in case if it is necessary

• Letter for requesting loan
• Copy of National Identity card
• Copy of employment contract
• Salary certificate and last 3 slips
• Civil/Marital Status
• Letter for requesting loan
• Copy of sales agreement and evaluation report of the car to buy
• Proforma invoice if the purchase will be done outside the counrty,