Motor Vehicle Loans

Do you want to have your own brand new car? If you say yes Berhan International Bank S.C will offer you a motor vehicle loans.

A motor vehicle loan is a type of credit facility extended in the form of term loan for the purchase of both light and heavy duty vehicles. The motor vehicles could be utilized for goods or public transport service.

1.The loan does not include cost of additional spare parts, or luxury items except factory loaded ones.

2.The vehicle to be bought should be held as collateral and registered at the appropriate legally empowered registering organ. Besides, the Bank may require additional collateral if it believes that the risk thereon may possibly endanger its interest.

3.The motor vehicles to be financed should meet the minimum national requirement of the Country.

4.The motor vehicles to be bought shall only be brand new.

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