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.

Polaris Auto Loan Scheme

Polaris Auto Loan ImagePolaris Auto Loan banner Polaris Auto Loan banner Polaris Auto Loan banner 

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 TenorUp to 48 months
  • Equity Contribution: As low as 10% of Vehicle Cost
Polaris & CIG Auto Loan

Polaris Auto Loan CIG Polaris Auto Loan CIG

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 TenorUp 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.
Polaris/Honda Auto Loan Scheme

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

Other Amazing Benefits

  • Free registration
  • Free delivery
  • Free 2 years periodic maintenance
  • Trade-in offer
  • 03 years or 100,000/- KM warranty whichever is first
Polaris/CFAO Auto Loan Scheme

The Polaris/Honda 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

Interested? Click below to apply

Polaris bank Apply Here