Nordea Bank has launched car loans on easy terms

23.06.2010

Nordea Bank has launched car loans on easy terms

Nordea Bank has proceeded to the implementation of a program on lending to private individuals for buying new state-subsidized cars.

Thanks to this program, customers of the Bank will be able to purchase new (without state registration) cars of domestic and foreign makes produced in Russia, costing, as of the signing date of a loan agreement, at most 600 000 Russian rubles and weighing in total 3,5 tons.

The down payment amount under a loan varies from 15% of the car’s value. The maximal loan amount a customer under this program is eligible for is 510 thousand rubles. The maturity of a loan is 12, 24 and 36 months.

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