How to apply for First Bank Automobile Loan – This article is all you need to know on how to get a First Bank Automobile loans how to apply and the requirements.
Well First bank is actually one of the best leading bank in Nigeria, many people even see First bank as the number one bank in Nigeria. There are many differents types of loans offer. Some of them include hose loans, car loans,etc.
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Follow this easy steps to obtain the loan;
To apply for the Auto loan,
Listed below are the features loan facilities;
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Those who can apply for this automobile loans are all Employees in paid employment.
First Bank Automobile Loan FAQs
Can the facility be used for the acquisition of fairly used vehicles?
The facility is restricted to the purchase of brand new vehicles only.
Is the Auto loan facility available to salary account holders in other banks?
Applicants must have a salary account with FirstBank.
Is credit insurance premium mandatory for tthis product
Yes. Credit life insures the borrower while the car insurance premium insures the vehicle purchased.
is it mandatory to insure the vehicle financed?
Yes, all vehicles purchased must be ensured comprehensively through FBN Insurance brokers.
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