Auto Loan (Joint Program with Auto Salon)
DongA Bank's Auto Loan (Joint Program with Auto Salon) is introduced to help customers purchase their dream cars faster. With the maximum credit limit of 70%-85% of car value, surprising attractive interest rate and loan term up to 60 months, your dream car is nearer to you than ever.
- Loan term up to 60 months.
- Credit limit:
- Maximum 70% of purchased auto (backing assets is the purchased auto itself)
- Maximum 85% of auto value (backing assets is the other ones)
- Preferential loan interest rate.
- Quick approval of loan applications.
- Convenient loan payment method: Automatically deducting from customer's account.
- Especially: Exemption of card regsitration fee.
3. Eligible customers and application conditions
- Being the principal owner of DongA Multi-Functional card.
- Having the own fund with minimum of:
- 30% of auto value (if backing assets is the purchased auto itself)
- 15% of auto value (if backing assets is the other ones)
- Having stable income and capability to repay loan.
4. Loan application procedure
- ID card/Passport, Family record book/KT3 of the borrower and joint debt payer.
- Documents demonstrating loan use purpose: Quotation, Auto purchase contract, Payment receipt (if any)
- Documents interpreting of income source for debt payment.
- Documents of backing assets (if other assets).
For enquiries or further instructions, please contact:
- Head office/Branches/Transaction Offices/24h Transaction Offices of DongA Bank or
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- Securities Loan
- Overdraft Facility via Multi-Functional Card Account
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