Auto Loan Scheme

With Polaris Bank's Auto Loans Scheme, your dream car can become reality!

Customers can purchase brand new vehicles of their choice and spread repayments conveniently.

Open to both Polaris and Non-Polaris Bank Salaried & Self – employed customers

Polaris Auto Loan Image  

That dream car can become reality! With our Auto Loan product, customers can purchase brand new vehicles of their choice and spread repayments conveniently.

The Loan  Scheme is will be made available to both salaried and self-employed individuals under the following terms:

  • Loan Amount: Up to N40million
  • Loan Tenor: Up to 48 months
  • Equity Contribution: As low as 10% of Vehicle Cost

Polaris Auto Loan CIG

That dream car can become reality! With our Auto Loan product, customers can purchase brand new vehicles of their choice and spread repayments conveniently.

The Polaris/CIG Auto Loan Scheme gives customers the opportunity to own a brand new GAC vehicle with monthly payments as low as N193,000 for the GA4 model and N220,000.00 for the GS3 model.  

The Loan Scheme is available to both salaried and self-employed individuals under the following terms:

  • Loan Tenor: Up to 48 month
  • Interest rate: 10%p.a.
  • Equity Contribution: as low as 10% of Vehicle Cost

Other Amazing Benefits

  • Special standard manufacturer’s warranty of 5 years/100,000km (whichever comes first).
  • Free Vehicle Registration.
  • Free Comprehensive Insurance for the first year.
  • Special GAC Gift Bag.
  • Special Assigned Service Advisor (SA) - 2 free vehicle service at 1,000km (routine check) and 5,000km (full servicing).
  • Four (4) years “Trade In” opportunity for all vehicles purchased under the scheme.

The Loan  Scheme is will be made available to both salaried and self-employed individuals under the following terms:

  • Loan Amount: Up to N40million
  • Loan Tenor: Up to 48 months
  • Equity Contribution: As low as 10% of Vehicle Cost

 POLARIS BANK HONDA AUTO LOAN

The Polaris/Honda Auto Loan Scheme gives customers the opportunity to own a brand new HR-V vehicle with monthly payments as low as N264,000.00 for the LX HR-V 2021 model and N301,000.00 for the EX HR-V 2021 model

The Loan Scheme is available to both salaried and self-employed individuals under the following terms:

  • Loan Tenor: Up to 48 months
  • Equity Contribution: as low as 10% of Vehicle Cost
  • Management Fees: Nil

Other Amazing Benefits:

  • Free registration and delivery
  • Free service maintenance voucher
  • Periodic maintenance up till 45,000km
  • Service at any of the eight Honda Location nationwide
  • Save maintenance cost for two years valued at N260,000
  • Enjoy 3 years Warranty protection
  • High resale value for trade in
  • And free Honda Generator 2.5KVA valued at N200,000

POLARIS BANK SUZUKI AUTO LOAN

The Polaris & CFAO/Suzuki Auto Loan Scheme gives customers the opportunity to own a brand new Suzuki vehicle with monthly payments as low as N220,900.00 for Ciaz and N305,500.00 for Vitara GL.

The Loan Scheme is available to both salaried and self-employed individuals under the following terms:

  • Loan Tenor: Up to 48 months
  • Equity Contribution: as low as 10% of Vehicle Cost

Other Amazing Benefits:

  • Free registration
  • 1 year maintenance plan
  • N100,000 fuel card
  • Free installment of DVD

Polaris Bank Coscharis Image

The Polaris/Coscharis Auto Loan Scheme gives customers the opportunity to own any of the brand new vehicle from Coscharis either BMW, Ford, Renault, MG, Land Rover, Mini and Jaguar

The Loan Scheme is available to both salaried and self-employed individuals under the following terms:

  • Loan Tenor: Up to 48 months
  • Interest rate: 10%p.a.
  • Equity Contribution: as low as 10% of Vehicle Cost

Interested? Click below to applyPolaris bank Apply Here