Loan for car purchase at Luxury Auto

February 23, 2023

TEB Bank in cooperation with Luxory Auto have reached a cooperation agreement on selling the cars through auto-loans.

Who can apply for a loan?

All payees of public sector, public companies, private sector and clients with rental incomes.
• For payees of state institutions and public companies, private sector and clients with rental income with a maximum maturity of up to 84 months.
• For new cars, loan up to 30,000 EUR just yourself, without co-borrower and without guarantor.

What do you need to apply?
• Receive your salary through TEB Bank or bring confirmation from your employer that your salary will be transferred to TEB.

Funding conditions:
• Financing up to 100%

Required documents for application:
– Valid identification document (ID card, passport or driving license)
– Utility bill (electricity, water, waste or telephone) proving your address (not older than 6 months)
– Valid employment contract and bank balance (last 6 months)
– Proforma invoice for the car purchase
– Full kasco for new cars (mandatory)

Additional documents that may be required based on the value of loan:
– Proof of additional family incomes
– Co-borrower: ID / Employment contract / Bank balance (last 6 months)
– Guarantor: ID / Employment contract / Bank balance (last 6 months)
– Mortgage: Possession certificate and copy of plan (not older than 6 months)
– Car registration certificate (the car must not be older than 12 years)

For more information please contact the Call Center at 038 230 000, Facebook / Messenger (TEB Sh.A), Instagram (TEB Sh.A).

TEB, the Bank for a changing world!