|
|
 |
|
 |
 |
|
|
 Credit Facilities - Car Credit (Karlon)
 |
|
KARLON is a loan intended to allow individuals to partially finance the purchase of a new vehicle for personal use acquired at an officially agreed dealer with ABC-Bank.
|
 |
Eligibility |
|
|
Minimum age 21 years; Maximum age 60 years old at the time of the loan last payment.
|
|
|
Minimum salary of A.D. 25.000.
|
|
|
One year of permanent employment.
|
|
|
To have an initial contribution (Down Payment) of 20% of the price of the vehicle.
|
|
|
Product Characteristics |
|
|
Loan Amount: 2.000.000DA
|
|
|
Loan Length: Up to 60 months.
|
|
|
Interest rate of 8.25% HT.
|
|
|
DBR is 40% of the Net Income
|
|
Simulation |
|
|
Salary |
Interest rate of 8.25% HT for a loan length of 5 years |
Monthly Payment |
Loan Amount |
25 000 DA |
9 990 DA |
474 000 DA |
30 000 DA |
12 000 DA |
569 000 DA |
40 000 DA |
16 000 DA |
759 000 DA |
50 000 DA |
20 000 DA |
948 000 DA |
60 000 DA |
24 000 DA |
1 138 000 DA |
70 000 DA |
28 000 DA |
1 328 000 DA |
80 000 DA |
32 000 DA |
1 518 000 DA |
90 000 DA |
36 000 DA |
1 708 000 DA |
|
|
|
 |
|
|
|
