A Vehicle loan is advanced to enable our customers purchase a vehicle of their choice. Under the individual or personal category and for those employed with a regular income this will usually be a vehicle for personal use. The vehicle can either be new or used but should have a resale value and serviceable at the point of application. The loan is usually short to medium term in duration because of the depreciation impact on the vehicle with the passage of time. The customer is expected to comprehensively insure the vehicle during the life of the loan.  

 

Features

  • Competitive interest rates

  • 7-10 days processing period

  • Payment term up to 4 years

  • Exposure to other loan facilities

 

Requirements

  • Application letter

  • Completed application form

  • Valid identification documents of applicant and spouse

  • Employment contract/ service certificate

  • Last 3 months payslips

  • Proforma Invoice(If purchasing from a car dealer)

  • Provisional sale contract( if purchasing from a third party)

  • Copy of the yellow card and photos of the vehicle

  • Proof of 30% participation

Equity Price List

23-02-2018 CLOSING HIGH LOW
BOK 295 295 295
BRL 145 145 145
NMG 1200 --- ---
KCB 340 --- ---
USL 104 --- ---
EQTY 350 --- ---
CTL 60 60 60

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Exchange Rates

23-02-2018  BUYING  SELLING
USD 855.0000 866.7000
EUR

1030.0000

1080.0000
GBP 1165.0000 1225.0000

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Contact Us

BK SWIFT CODE : BKIGRWRW

KN4 Ave No12 Plot No 790
P.O. Box 175, Kigali, Rwanda

Find a branch near you

Call Center

Local: Phone 4455 

International: Phone+250-788143000

email bk@bk.rwThis email address is being protected from spambots. You need JavaScript enabled to view it. , Send us a message
web www.bk.rw

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