This is a consumer credit scheme which allows qualified individuals to part-finance acquisition of cars for personal use. Customers can own a car and pay over a period of time.

STANDARD AUTO LOAN

It enables customer purchase vehicles from auto dealers who have been prequalified and have agreed an SLA with the bank

Learn more about SAL  

Features

  • Interest rate as low as 33.50%
  • Borrow N500,000.00 to N30,000,000.00 
  • Payment over 12 to 60 months
  • Contribute as low as 20% towards the purchase
  • Comprehensive Insurance on the car for the entire loan period
  • No security required
  • Competitive pricing and no hidden charges

Benefits

  • Installation of free tracking device for auto valued at N3, 000,000 and above
  • Buy a car of your choice from our list of acceptable brands and spread payment over a convenient period
  • We have reliable dealers accredited to ensure you buy from a safe source
  • Convenient insurance payment included in the loan repayment amount
  • No residual cost at end of loan

Eligibility

  • Individuals in structured employment
  • Self-employed individuals with regular income.

FCMB - GAC Auto Loan Promo

FCMB partners with GAC to bring you an incredible offer to get your dream car today with a repayment plan of up to 60 months.

FCMB – JAC Motors Auto Loan Promo

FCMB, in partnership with Elizade JAC Autoland motors, is offering an incredible auto loan that allows you drive away in your dream car and spread payment for up to 60 months.



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