Last updated on September 19th, 2020 at 11:52 am
First Bank Automobile Loan – How To Acquire First Bank Automobile Loan, Characteristics And Details
First Bank Automobile Loan – The first bank is one of the popular, biggest and best banks in Nigeria. Lot of reason has been proved that this bank is the greatest of all. This bank can give loan opportunities to their customers.
Lot of loan can be offer, such as: house loans, car loans, students’ loans and lot more. You have be dreaming of owning a car of lot of things which you know you are not really capable of, you can try to acquire first bank automobile loan. Full details and steps will be stated on below, don’t get distracted just keep on following.
Steps To Follow In Acquiring The First Bank Automobile App
You need to get the app download also apply for the automobile app.
- You need to download the application form
- You need to fill in the necessary information which is stated on the form, when you through with this, take it to any nearest first bank around you for submission.
- You may be asked several question in applying for the form, just answer the bank agent correctly and give relevant reasons.
First Bank Automobile Loan – Characteristics Of The First Bank Loan
- The maximum loan you can borrow is 10million
- The highest time it elapse is 48 months that 4 years
- Justice for offering this will be obtained.
- Merciless interest rates
- If you are applying you must be new ad must be a first bank customer.
- Residence salary.
First Bank Automobile Loan – What You Can Gain From The First Bank Loan
- This helps in increasing your personality with bank.
- Helps customers to transmit fund which can be increase on vehicle purchase to other allegiance.
First Bank Automobile Loan – What You Need For The First Bank Automobile Loan
- You need an application letter
- You need an auto loan application form
- You need proforma invoice from first bank approved vendors
- Payment of current 3 month slips
- You have to tender your statement account
- You need letter of total emolument
Eligible Applicant For First Bank Automobile Loan
If you want to apply for this, make sure you are paid employees in a better employment
Question asked about first bank automobile loan
- Can this loan reach other bank holders from other banks?
Make sure you have any account with first bank Nigeria
- Can you own this loan to purchase fairly used vehicles?
It can be only used to purchase new vehicles
- Is it compulsory for credit insurance premium
The credit life insures the borrower, also for car insurance premium insures the vehicle purchased.
- Is it compulsory you purchase your vehicle from FIRSTBANK before approved on the vendor list
This is compulsory.
- It is compulsory you protect the vehicle capitalize
This is compulsory for all vehicle purchase completely through FIRST BANK NIGERIA brokers.
How To Apply For First Bank Automobile Loan – First Bank Loan
Before the First bank loan application can be submitted, customers should download and fill the loan application form and finally submit to any nearest First bank closer to you.