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Why take out a car loan with Raifnansiera Bank?
Do you want to buy a car ? You're in the right place.
By definition, a car loan is a bank transaction to buy a new or used car. In practical terms, this form of financing is a consumer credit. Once the funds have been paid in, the monthly instalments begin to be repaid by the buyer once he or she is in possession of the vehicle. To finance the project on credit, the subscriber borrows a sum of money granted by the financial institution for the payment of the car only, so the purchase of another consumer good is excluded from the operation assigned to the car loan (new or used). As a result, the purchase of any other consumer good is excluded from the car loan transaction (new or used). From this point of view, a car or motorcycle loan is always intended for the purchase of a car.
Why Choose Us ?
Taking out an auto loan with us allows you to finance your vehicle purchase quickly and conveniently. Whether you're buying a new or used car, our flexible loan options offer competitive interest rates and repayment terms tailored to your budget. Enjoy a seamless process with fast approval and expert support every step of the way.
Raifnansiera Bank car loans seamlessly blend attractive interest rates with notable benefits, including the option to temporarily suspend payments in the event of job loss. With loan offerings ranging from $5,000 to $500,000, Raifnansiera Bank caters to a diverse range of financial needs. Interest rates start at a competitive 1.99% and go up to 3.99%, inclusive of an automatic payment discount, contingent on your credit history.
When assessing your loan application, Raifnansiera Bank does not solely rely on factors such as credit history, income, or employment. Please note that there might be a timeframe of several days between submitting your request and the actual deposit of funds into your account.
To qualify for approval, individuals must be 18 years of age or older. Currently, Raifnansiera Bank loans are accessible in all countries.
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Frequently asked questions
If you're new or looking for answers to your questions, this guide will help you learn more about our services and their features.
A car loan can be used to purchase a new or used vehicle. It can also be used to cover additional costs associated with the vehicle, such as taxes, fees, or extended warranties, depending on the loan agreement. However, the primary purpose of a car loan is to finance the purchase of a car or truck.
- You will need to be minimum 18 years of age.
- For salary person net annual income of €250 or more
- Have valid identification documents
- You can apply for a personal loan even if you are prohibited from banking
With a car loan, your other obligations to other savings banks or banks initially play no role. The only important thing is that you are able to pay the loan instalments as agreed. By the way: can other debts to other credit institutions be summarized in one clear payment? Just ask your savings bank advisor.
Insuring your credit allows you to be covered in the event of the unexpected. Concretely, the insurance will intervene in the event of a hard blow (illness, accident, loss of employment) or in the event of death. It’s up to you to choose, depending on your profile and your abilities, at what level you want to insure yourself: with or without the loss of employment guarantee.
After making your loan request, our experts will get in touch with you while studying your file. If everything is in order, you will receive the funds within 72 hours at most.
You can protect your fast loan with residual credit insurance. This will protect your family from financial burdens if you are no longer able to repay outstanding instalments on your car loan for unforeseen reasons such as unemployment, incapacity for work or your own death. In this case, the insurance company steps in and takes over repayment of the loan.
