Trust, Experience, Grow
- +(248) 429 4000
- info@scb.sc
- Head Office, Orion Mall
Car Loan
- Loan Available for purchase of a brand new OR secondhand vehicle
- Loan amount is subject to the repayment capacity of the borrower
- Maximum repayment period is 7 years
- Preferential Interest Rate for Plug in Hybrid and Electric Cars
- Vehicle must be insured under full comprehensive insurance cover with the financial interest of the Bank noted thereon
- As security, pledge over vehicle required
- No Personal Contribution required for brand new vehicles
- Valid ID card or Valid passport
- Salary assignment form duly signed and stamped by paymaster
- Valid proof of address (Utility bills)
- Latest proof of income (Payslip) or proof of any additional income if applicable e.g. spouse’s income