Promsvyazbank announced the implementation of the new credit program "Express-car"
CRA "Promsvyazbank" (JSC) announced the implementation of the new credit program "Quick car." The program allows you to buy new and used cars of foreign and Russian production on the special flexible terms. The main advantages of the new proposal Promsvyazbank are high speed a decision on a loan, the minimum set of documents submitted by the borrower, as well as the possibility of buying a car without a down payment and the compulsory insurance avtokasko.
Program Express-car provides an opportunity to purchase a vehicle in loan at a rate of 11% per annum in U.S. dollars and 13% per annum in rubles. Buy a car while it's initial contribution. The maximum loan amount for new cars is 20 thousand dollars for second-hand - 10 thousand. Credit for new cars are issued for up to 4 years for used cars the maximum term of the loan is 3 years. For the maintenance of loan account bank charges monthly fees in the amount of 0.9% of the original loan amount.
Bank shall consider the application client in an hour, so the borrower can take the car out of the salon on the day of treatment. When giving a loan to submit only a passport and driver's license. Under the program, purchasing an insurance policy avtokasko is not mandatory.
As part of the credit programs Promsvyazbank interest is charged only on outstanding debt. Repayment of the loan is carried out monthly, in equal shares. Debt can be repaid early at any time without additional fees at the end of 3 months after the date of issuance of the loan. After an early repayment of the loan the bank chosen by the client reduces the term of the loan or reduce the monthly payment. For convenience, the procedure for redemption may be exercised through a system of Internet banking.
At present the program "Express-car" is sold in Moscow, the largest network of motor avtotsentorov Moscow Auto Alliance Favorit ". Loans can be made in salons Auto Alliance Favorit North, Auto Alliance Favorit South "," Auto Alliance Favorit East. During 2007, the Bank plans to enter into extradition agreements express auto sales in the points with all the leading car dealers in Moscow and regions.
