CAR LOAN

Required documentation to apply for a Car Loan

A. Pre-aproval

1. Loan application form.
Available at the Bank;

2. ID documents;

3. Salary statement: providing evidence that the applicant has been hired for undetermined period of time.

4. Income statement: providing details about monthly compensation and other details such as: currency, salary adjustment clause; in case of self-employed individuals a fiscal income delaration is required;

5. The same documents are needed for the spouse.

6. Any other document supporting the application related to applicant's monthly income details.

B. Final aproval and purchase

After the approval the applicant has to:

1. Open an account with the Bank and deposit the necessary amounts for the Bank's commissions and other taxes;

2. Sign the Credit Contract, the Pledge Contract and the Personal Engagement;

3. The Car Inssurance Policy, also assigned in favor of the Bank will be signed in the same day with the purchase of the car at the Bank's premises;

4. The Car Identity Card-the original to the Bank the copy for the customer-provided by the Dealer;

5. The Car Invoice- the original to thecustomer , the copy to the Bank-provided by the Dealer;

6. The customer receives the keys of the Car.