Overview
GBTI’s Automobile Loan Plan is designed for the salaried employee, professional or business executive, self-employed individuals desirous of acquiring a vehicle for non-commercial use.
The amount of this loan can be as high as 85% of the cost of the vehicle.
An interest rate of 6.99 – 10% per annum applies depending on the vehicle classification/condition and year of manufacture. Installments are repayable on a monthly basis for a period of 4-8 years and must not exceed 30% of your gross income.