Car Loan

Feature & Benefits

Loan terms up to 84 months | New and used cars

Safe and Secure
Efficient Process
Funds next business day
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Car Loan Details

fixed deposit

Peak Wealth Bank Car Loan can provide you with the financial support you need to purchase a vehicle.



Terms and Conditions
Eligible Vehicle Type:New or used cars.
Loan-to-Value (LTV):Up to 70%
Loan Term:Up to 7 years (84 months)
Repayment method:Installment.



Requirements
1. Age for applicant: 18 years - 60 years.
2. Identification (ID) / Passport.
3. Proof of income (Income evidence employment letter, Salary slips, etc.).
4. Proof of car purchase.  
5. Car insurance.
6. Other relevant documents required by the Bank (if applicable).


How it work?

We provide convenient and efficient online/offline application processes, ensuring approval services

Apply for loan

Via mobile banking, or contact your account manager and submit a loan application to the bank

Submit Your Documents

Submit required information according to bank requirements

Loan disbursement

Once approved, the loan contract is signed, the loan is disbursed.

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Fees Include

Borrowing2000.00
To Repay2001.00