Car Loan




Offer to individual who have regular income customer who wish to own a personal car.

 

BENEFITS

  • Owning a dream and lovely car
  • Converting from a full payment to monthly installment
  • Enhancing family’s welfare
  • Opportunity to use other HH Bank products and services

SPECIAL FEATURES

  • Available in US dollar.
  • Can buy a brand-new car and/or used car with customs duties accepting 10 years old or less from its producing date to present.
  • Can buy a used car with plate number which is 10 years old or less from its producing date to present.
  • Loan period is up to 60 months, but not exceed the retirement age or over 60 years of age.
  • Maximum loan amount of USD100.000 but:
    • not more than 100% of car price, if having a house or land serving as collateral.
    • not more than 70% of car price for brand-new and/or used car with properly customs duties.
    • not more than 50% of car price, if having a used car with plate number as collateral.
  • Interest rate from 12% to 15% per annum.
  • Processing Fee 1% up front charge

CUSTOMER REQUIREMENTS

  • Being a seniority
  • Having permanent address certified by local authority
  • Having good history, reputation, and attitude
  • Having proper job, salary, or sustainable income being able to pay back