Vehicle and Asset Finance
Our Vehicle and Asset Finance (VAF) for Retail Clients is designed for salary earners who are desirous of acquiring cars (new and pre-owned), diesel and gas-powered generators, solar-powered inverters, electronics and home appliances.
Some of the benefits
Affordability
Choice
Flexibility
Updates
Car Loan – Get your Dream Car
- Flexible Payment Terms - with up to 5 years tenor for repayment
- Access to competitive interest rates
- Access to our comprehensive dealer/partner network to help you find your car.
- New and Pre-owned Vehicles
- Pre-owned Vehicles must not be older than 15 years old.
- Minimum 10% Initial Payment
Inverter/ Solar panel Solutions – Light up your home
- New Inverters /Solar solution only
- Minimum 10% Initial Payment
- Up to 24 months repayment planz
Generators - Power your house
- New Generators only
- Minimum 10% initial payment
- Up to 36 months repayment plan
Electronics and Household Appliances - Enhance your lifestyle
- New Electronic appliances only
- Minimum 10% initial payment
- Up to 24 months repayment plan
Open only to new and existing salary account holders domiciled with Stanbic IBTC Bank except Bankers.
- A completed application form
- Proof of income or evidence of salary
- A proforma invoice for your vehicle or asset of choice (preferably from a Stanbic IBTC partner dealer)
Or you may:
- Visit our nearest branch
- Call 0700 909 909 909
- Send an email to [email protected]
Vehicle: Used
- Proforma invoice is to be obtained from an approved Stanbic IBTC Bank vendor and approved vehicle brand.
- Mileage not exceeding 120,000km
- The vehicle must not exceed 15 years at the facility's exit.
Generators
- Only new Power Generating sets are financed.
- Proforma invoice to be obtained from an approved vendor of the Bank.
Solar Powered Inverters
- Only new Solar Inverters are financed
- A Pro-forma invoice will be obtained from an approved Stanbic IBTC Bank vendor.
General Requirements
- Permanent and confirmed employees of reputable organisations.
- The salary account must be domiciled in Stanbic IBTC Bank.
- Confirmation of receipt of the first salary in the client’s account.
- Minimum income level of N90,000 Net Monthly.
-
What you get
-
What it costs
-
How to get it
-
Asset Type and Requirements
Car Loan – Get your Dream Car
- Flexible Payment Terms - with up to 5 years tenor for repayment
- Access to competitive interest rates
- Access to our comprehensive dealer/partner network to help you find your car.
- New and Pre-owned Vehicles
- Pre-owned Vehicles must not be older than 15 years old.
- Minimum 10% Initial Payment
Inverter/ Solar panel Solutions – Light up your home
- New Inverters /Solar solution only
- Minimum 10% Initial Payment
- Up to 24 months repayment planz
Generators - Power your house
- New Generators only
- Minimum 10% initial payment
- Up to 36 months repayment plan
Electronics and Household Appliances - Enhance your lifestyle
- New Electronic appliances only
- Minimum 10% initial payment
- Up to 24 months repayment plan
Open only to new and existing salary account holders domiciled with Stanbic IBTC Bank except Bankers.
- A completed application form
- Proof of income or evidence of salary
- A proforma invoice for your vehicle or asset of choice (preferably from a Stanbic IBTC partner dealer)
Or you may:
- Visit our nearest branch
- Call 0700 909 909 909
- Send an email to [email protected]
Vehicle: Used
- Proforma invoice is to be obtained from an approved Stanbic IBTC Bank vendor and approved vehicle brand.
- Mileage not exceeding 120,000km
- The vehicle must not exceed 15 years at the facility's exit.
Generators
- Only new Power Generating sets are financed.
- Proforma invoice to be obtained from an approved vendor of the Bank.
Solar Powered Inverters
- Only new Solar Inverters are financed
- A Pro-forma invoice will be obtained from an approved Stanbic IBTC Bank vendor.
General Requirements
- Permanent and confirmed employees of reputable organisations.
- The salary account must be domiciled in Stanbic IBTC Bank.
- Confirmation of receipt of the first salary in the client’s account.
- Minimum income level of N90,000 Net Monthly.
More information on our VAF Product
Vehicle: New
- Proforma Invoice to be obtained from an approved vendor approved
- Maximum tenor of five (5) years
Vehicle: Used
- Proforma invoice is to be obtained from an approved vendor of the bank and approved vehicle brand.
- Mileage not exceeding 80,000km
- The vehicle must not be more than 10 years at the exit of the facility.
Generators
- Only new Power Generating sets are financed.
- Proforma invoice to be obtained from an approved vendor of the bank.
Solar Powered Inverters
- Only new Solar Inverters are financed
- Proforma invoice is to be obtained from an approved vendor of the bank.
General Requirements
- Permanent and confirmed employees of reputable organisations.
- The salary account must be domiciled in Stanbic IBTC
- Confirmation of receipt of the first salary in the client’s account.
- Minimum income level of N90,000 Net Monthly.
Vehicle and Asset Finance
Our Vehicle and Asset Finance (VAF) for Retail Clients is designed for salary earners who are desirous of acquiring cars (new and pre-owned), diesel and gas-powered generators, solar-powered inverters, electronics and home appliances.
Some of the benefits
Affordability
Choice
Flexibility
Updates
Car Loan – Get your Dream Car
- Flexible Payment Terms - with up to 5 years tenor for repayment
- Access to competitive interest rates
- Access to our comprehensive dealer/partner network to help you find your car.
- New and Pre-owned Vehicles
- Pre-owned Vehicles must not be older than 15 years old.
- Minimum 10% Initial Payment
Inverter/ Solar panel Solutions – Light up your home
- New Inverters /Solar solution only
- Minimum 10% Initial Payment
- Up to 24 months repayment planz
Generators - Power your house
- New Generators only
- Minimum 10% initial payment
- Up to 36 months repayment plan
Electronics and Household Appliances - Enhance your lifestyle
- New Electronic appliances only
- Minimum 10% initial payment
- Up to 24 months repayment plan
Open only to new and existing salary account holders domiciled with Stanbic IBTC Bank except Bankers.
- A completed application form
- Proof of income or evidence of salary
- A proforma invoice for your vehicle or asset of choice (preferably from a Stanbic IBTC partner dealer)
Or you may:
- Visit our nearest branch
- Call 0700 909 909 909
- Send an email to [email protected]
Vehicle: Used
- Proforma invoice is to be obtained from an approved Stanbic IBTC Bank vendor and approved vehicle brand.
- Mileage not exceeding 120,000km
- The vehicle must not exceed 15 years at the facility's exit.
Generators
- Only new Power Generating sets are financed.
- Proforma invoice to be obtained from an approved vendor of the Bank.
Solar Powered Inverters
- Only new Solar Inverters are financed
- A Pro-forma invoice will be obtained from an approved Stanbic IBTC Bank vendor.
General Requirements
- Permanent and confirmed employees of reputable organisations.
- The salary account must be domiciled in Stanbic IBTC Bank.
- Confirmation of receipt of the first salary in the client’s account.
- Minimum income level of N90,000 Net Monthly.
-
What you get
-
What it costs
-
How to get it
-
Asset Type and Requirements
Car Loan – Get your Dream Car
- Flexible Payment Terms - with up to 5 years tenor for repayment
- Access to competitive interest rates
- Access to our comprehensive dealer/partner network to help you find your car.
- New and Pre-owned Vehicles
- Pre-owned Vehicles must not be older than 15 years old.
- Minimum 10% Initial Payment
Inverter/ Solar panel Solutions – Light up your home
- New Inverters /Solar solution only
- Minimum 10% Initial Payment
- Up to 24 months repayment planz
Generators - Power your house
- New Generators only
- Minimum 10% initial payment
- Up to 36 months repayment plan
Electronics and Household Appliances - Enhance your lifestyle
- New Electronic appliances only
- Minimum 10% initial payment
- Up to 24 months repayment plan
Open only to new and existing salary account holders domiciled with Stanbic IBTC Bank except Bankers.
- A completed application form
- Proof of income or evidence of salary
- A proforma invoice for your vehicle or asset of choice (preferably from a Stanbic IBTC partner dealer)
Or you may:
- Visit our nearest branch
- Call 0700 909 909 909
- Send an email to [email protected]
Vehicle: Used
- Proforma invoice is to be obtained from an approved Stanbic IBTC Bank vendor and approved vehicle brand.
- Mileage not exceeding 120,000km
- The vehicle must not exceed 15 years at the facility's exit.
Generators
- Only new Power Generating sets are financed.
- Proforma invoice to be obtained from an approved vendor of the Bank.
Solar Powered Inverters
- Only new Solar Inverters are financed
- A Pro-forma invoice will be obtained from an approved Stanbic IBTC Bank vendor.
General Requirements
- Permanent and confirmed employees of reputable organisations.
- The salary account must be domiciled in Stanbic IBTC Bank.
- Confirmation of receipt of the first salary in the client’s account.
- Minimum income level of N90,000 Net Monthly.