For purchase of automobile
After receiving the loan for purchase of automobile in Kreditprombank, you can become the owner of a new car just now and pay for it only in few years.
Advantages of this type of loan:
- Automobile loan is granted for term up to 5 years;
- You do not need to mortgage your dwelling or other property – the new car itself will be a pledge;
- The loan is repaid by monthly payments;
- Each month you pay less on loan as its amount and interest charged are reducing;
- You have the opportunity to acquire new passenger car of any brand;
- Possibility to early repay the loan without any penalties;
- The car bought on credit is insured against any damages, theft and other illegal actions of third persons;
- Absence of hidden payments and monthly fees.
Terms of loan:
| term of loan |
% rate |
|
| Interest annual rate (UAH) | 1 year | 17.99% |
| 2 years | 19.8% | |
| 3 years | 20.4% | |
| 4 years | 21.7% | |
| 5 years | 21.9% | |
| Fee for loan granting (single) |
1.99% of loan amount | |
| Minimal contribution |
20.0% of car cost |
|
| Maximum amount of loan | 300 000 UAH | |
Additional expenses:
- insurance of mortgage subject;
- notarization of mortgage agreement;
- fee for transfer of funds to car dealership - 1% of amount of transfer;
- registration of mortgage in the State Register of Encumbrances of Movable Property.
Documents required to obtain a loan:
Natural persons – residents of Ukraine should provide:
- passport of the citizen of Ukraine of the borrower and his/her spouse, if the borrower is married;
- certificate on marriage registration (if any);
- certificate on the borrower’s and his/her spouse taxpayer identification code record;
- certificate from place of work indicating the current position, period of work in this organization and average monthly amount of income for the last 6 months (on company’s letterhead);
- documents certifying other income of the borrower (if he has income outside the principal place of work) including income declaration as of the last reporting date certified by tax inspectorate;
- invoice for the car.
- certificate on state registration of natural person - entrepreneur;
- certificate of tax payer;
- documents confirming the revenues for the last 2 quarters or certificate from tax inspectorate on income for the last 6 months.
Natural persons – entrepreneurs in addition to the documents above should provide:
When considering the application on loan granting some additional documents can be requested.