Commercial Vehicle Loans
This is a transaction where the Bank purchases the commercial vehicle such as passenger car (taxi), minibus, van, etc. as intended to finance such vehicle purchase and then resells it to the customer by adding a profit share according to the desired loan term.
Commercial Vehicle Loans |
||
| TL | ||
|---|---|---|
| Term | Profit Share Rates | Total Annual Costs |
| 2 - 12 Months | %1,25 | %15,50 |
| 13 - 24 Months | %1,25 | %15,75 |
| 25 - 48 Months | %1,26 | %16,12 |
Documents necessary for application:
- Copy of the Identity Card,
- Specimen Signature Declaration,
- Tax Sign for Self-Employed,
- Salary Payroll for Wage Earners,
- Proforma Invoice (showing the tax included price at 0 km vehicles),
- Copy of the traffic license for the vehicle to be purchased (for used vehicle purchases).
In case of a vehicle plate purchase and/or line security purchase, 100% of the invoice amount for the 0 km and/or used commercial vehicle will be funded.
The loan facility is up to TL 50,000 and a loan establishment fee is charged at 1% for up to 24 months and at %2 for any longer term.
KKDF and BSMV are not included in the calculation
