Banif Bank rolls out special offer on car loans

With a discounted rate starting from 5% p.a. and a term that may be extended to a maximum of 8 years, Banif promises to offer a tailor made financial solution for those seeking to buy a new or second hand car.

The Car Loan Special Offer from Banif Bank allows customers to finance 100% of the cost of the vehicle, should this not exceed €30,000.

The extended 8-year term ensures that the repayments are spread out over a longer period of time, resulting in lower monthly payments.

The loan may incorporate an insurance cover so that the customer is able to retain his, and his family’s current lifestyle in the unfortunate event of an unforeseen circumstance such as redundancy, partial or total disablement or death.

“Banif reviews its product portfolio regularly, to make sure it keeps up with customer trends and needs,” said Caroline Gauci, from the Business Development Unit of Banif Bank (Malta) plc.

“Whether you are looking into buying your first car, or upgrading to one which offers you a more luxurious drive, we believe that the Car Loan Special Offer offers a comprehensive package to suit all our clients’ requirements.”

More information about the Car Loan from Banif Bank including the terms and conditions are available from the Bank’s website www.banif.com.mt. Clients may also contact Customer Care on 2260 1000 or visit any Banif branch.