Auto Loan (Joint Program with Auto Salon)
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1. Introduction
DongA Bank's Auto Loan (Joint Program with
Auto Salon) is introduced to help customers purchase their dream
cars faster. With the maximum credit limit of 70%-85% of car
value, surprising attractive interest rate and loan term up to
60 months, your dream car is nearer to you than ever.
2. Benefits
- Loan term up to 60 months.
- Credit limit:
- Maximum 70% of purchased auto (backing assets is
the purchased auto itself)
- Maximum 85% of auto value (backing assets is the other
ones)
- Preferential loan interest rate.
- Quick approval of loan applications.
- Convenient loan payment method: Automatically deducting
from customer's account.
- Especially: Exemption of card regsitration fee.
3. Eligible customers and application conditions
- Being the principal owner of DongA Multi-Functional card.
- Having the own fund with minimum of:
- 30% of auto value (if backing assets is the purchased auto
itself)
- 15% of auto value (if backing assets is the other
ones)
- Having stable income and capability to repay loan.
4. Loan application procedure
- ID card/Passport, Family record book/KT3 of the borrower
and joint debt payer.
- Documents demonstrating loan use purpose: Quotation,
Auto purchase contract, Payment receipt (if any)
- Documents interpreting of income source for debt payment.
- Documents of backing assets (if other assets).
5. Contacts:
For
enquiries or further
instructions, please contact:
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