UKRSIBBANK > Services provided to corporate clients > Lending operations

Car loan

Purpose of loan: purchase of vehicle.

Financing currencies: UAH, USD, EUR, CHF.

Financing period:

  • Up to 6 years – for cars of foreign manufacture (except for cars, manufactured in China), incl. assembled in Ukraine.
  • Up to 5 years – for cars, manufactured in CIS (except for “Tavria” and “Slavuta”), for mini-buses, buses and lorries of foreign assembly.
  • Up to 4 years – for ‘Tavria” and “Slavuta” cars, for cars, manufactured in China, mini-buses, buses and lorries of CIS and Ukrainian production and for special purpose vehicles* of foreign manufacture.
  • Up to 3 years – for special purpose vehicles, manufactured in CIS and Ukraine.

*Special purpose vehicles are vehicles, designated for special purposes (fuel trucks to transport liquids, truck cranes, truck concrete mixers, emergency cars).

Repayment schedule:

  • loan – on a monthly basis in equal instalments;
  • interest is to be repaid on a monthly basis.

Down payment:

  • Minimum 10% – for cars of foreign manufacture (except for cars, manufactured in China), incl. assembled in Ukraine, with maximum cost of $30 000.
  • Minimum 15% – for cars of foreign manufacture (except for cars, manufactured in China), incl. assembled in Ukraine, with maximum cost over $30 000, for cars, manufactured in CIS (except for “Tavria” and “Slavuta”).
  • Minimum 20% – for mini-buses, busses and law-tonnage lorries (up to 3,5 tons of carrying capacity)
  • Minimum 30% – for “Tavria” and “Slavuta” cars, for cars, manufactured in China, lorries with over 3.5 tons of carrying capacity, special purpose vehicles of CIS and Ukrainian manufacture.
  • Minimum 40 % – for special purpose vehicles of foreign production.

Security:

  • purchased vehicle;
  • guarantee of the third party is mandatory if lorries with over 3.5 tons of carrying capacities and special purpose vehicles are purchased, if loan amount is more than 10 % of grand total as of the last reporting date; in other cases guarantee is provided as decided by the Bank’s Credit Committee.

Moreover, our clients may benefit from a special offer: car loans with reduced or zero down payment:

  • 0 % – for all motor cars, except for “Tavria” and “Slavuta” cars and cars, manufactured in China,
  • Minimum 10 % – “Tavria” and “Slavuta” cars and cars, manufactured in China, for mini-buses, busses and law-tonnage lorries (up to 3.5 tons of carrying capacity).

Mandatory security for such loans is a guarantee of the third party.

Should the loan be rendered with reduced or zero down payment, Financing period will be also reduced to:

  • 4 years – for motor cars of foreign manufacture (except for cars, manufactured in China),
  • 3 years – for cars, manufactured in CIS (except for “Tavria” and “Slavuta”), for mini-buses, buses and law-tonnage lorries (up to 3.5 tons of carrying capacity),
  • 2 years – for “Tavria” and “Slavuta” cars and cars, manufactured in China.

Loans for other types of cars and special purpose vehicles with reduced or zero down payment will only be rendered under collateral of extra liquid security (real estate).

Professionals of the Corporate Banking Department are ready to advise you on financing terms and collection of documents to be rendered a loan: Contacts.

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