Car loans
With monthly interest rates beginning at 1.6%, car loans are now more reasonable!
Automobiles may be acquired with a loan or by leasing. When compared to a loan, leasing offers a longer period and a lower yearly interest rate. Leasing allows you to buy both new and secondhand automobiles.
The capital's traffic bottleneck issue may be seen at any time of day. A comfy and handy automobile keeps us away from worry and anxiousness at this time. To reach to your preferred location on time and comfortably, and to make your journey unforgettable, just choose the automobile that best fits you, and we will take care of the rest.
Terms:
Get a vehicle loan from us with a monthly interest rate of 1.6% for up to 36 months, ranging from 3000 AZN to 50 000 AZN. On new automobiles built in Europe, Japan, and Korea, up to 80% of the value is granted if the year of release is after 2010, and up to 20% on secondhand cars. There will always be exceptions.
Loans for hybrid and electric vehicles in Azerbaijan
The first payment period for hybrid and electric automobile loans will be cheap in Kepez NBCO. Thus, when purchasing an electric automobile with a loan, the first payment will be 10%, while purchasing a hybrid car would be 20%.
The invention was created in accordance with the "Rule on prudential standards and requirements connected to credit risks, particularly major credit risks," which was authorised by TalehKazimov, Chairman of the Central Bank of Azerbaijan. Credit is only available for electric vehicles with a manufacture date of up to three years and hybrid vehicles with a production date of up to one year.
The first payment is set at 40% if the manufacture date of the electric vehicle is more than three years, and up to three years for hybrid automobiles. If the manufacturing date is more than three years in the future, the first payment for hybrid vehicles is 50% of the loan amount.
It should be emphasised that the first loan payment for new automobiles operating on conventional gasoline has been retained at 40% under this guideline.