Car Loan

Car Loan is a kind of loan ACLEDA Bank offers to customer who has a regular income to get a car for personal or family use.

Benefits

• Owning a car for everyday use
• Converting from a full payment to monthly installment for the car price
• Opportunity to use other ACLEDA Bank's products & services
• Promoting family's welfare

Special Features

• ACLEDA Bank offers car loan in US dollar
• You can use the car loan to buy a brand-new car or used car which is 15 years old or less from its producing year
• You can enjoy loan period up to 6 years, but not exceed the retirement age or over 60 years of age
• You can get the loan amount of USD100.000 but:
  • not more than 80% of your dream car price, if using a house or land as collateral
  • not more than 60% of your dream car price, if using a buying car as collateral

Interest Rate

ACLEDA Bank offers fixed interest rate for car loan, so you can set up your budget easily because the repayments will be fixed during the term of your loan. We offer competitive interest rates.

Customer Requirements

• Being a majority
• Having a permanent address within ACLEDA Bank's operation which is certified by local authority
• Having a good history, reputation, and attitude
• Having a proper work, salary, or sufficient income that warrant the ability to pay back
• For employee of a company, organisation or other institutions, you need a certified letter or employment contract to ensure your employment is longer than repayment period
• Willing not to change residential address to other location outside ACLEDA Bank's operating areas until the loan is paid off