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  Retail Banking < Loans < BITCar

Get into the driver’s seat and enjoy driving your dream car. It has never been easier to finance a new or used vehicle than through BIT Bank. If you are planning to purchase a new or used car, with competitive loan interest rates, BIT Bank will give you the loan that suits you best.

    New car

      · Loan amount: up to USD 85,000
      · Interest rate: 3.9%
      · Loan duration: up to 5 years
      · Down payment: starting 15%

    Used Car

      · Loan amount: up to USD 50,000
      · Interest rate: 5.9%
      · Loan duration: up to 5 years
      · Down payment: starting 25%
      · Car model: up to 7 years old

    Conditions:

      Monthly installments should not exceed 1/3 of the salary
      All risk Insurance
      Applicant age must be under 59 years


    Collateral

      Car pledge
      Car insurance against all risks
      Other collateral may be required depending on the financial condition of the applicant and the loan amount

    For more information about BITCar, please call us or visit any of our branches.