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Vehicle Finance

With the Vehicle Finance support Vakıf Katılım Bankası A.Ş offers, you may achieve new or second-hand vehicle in accordance with our competitive profit rates.

Features

  • Opportunity of maturity up to 48 months
  • Second-hand car finances up to 5-year-old vehicles
  • Rates of advance payment starting from 30%

New Vehicle Finance

Amount of Finance Maturity Profit Rate Allotment Cost Annual Cost Rate
25.000 TL12 Ay%1.28125%21.22
25.000 TL24 Ay%1.28125%20.68
25.000 TL36 Ay%1.30125%20.84
25.000 TL48 Ay%1.32125%21.09

Allocation fee costs 0.5% of financing support excluding BSMV/BITT (Banking and Insurance Transaction Tax). Expenses of insurance are not included annual cost calculations. Bank reserves the right to evaluate applications freely, request additional documents and guarantor, reject inappropriate applications. Exemption of KKDF/RUSF (Resource Utilization Support Fund) is out of question in case of real person use.

Second-Hand Vehicle Finance

Amount of Finance Maturity Profit Rate Allotment Cost Annual Cost Rate
25.000 TL12 Ay%1.32125%21.91
25.000 TL24 Ay%1.34125%21.72
25.000 TL36 Ay%1.36125%22.06

Allocation fee costs 0.5% of financing support. Expenses of insurance have not been included annual cost calculations. Bank reserves the right to evaluate applications freely, request additional documents and guarantor, reject inappropriate applications. Exemption of KKDF/RUSF (Resource Utilization Support Fund) is out of question in case of real person use.

  • Application form
  • Identity Document, Driving License or copy of Passport
  • Certificate of Income
  • Other documents that may be deemed necessary and requested by our branches
  • For new car finance instrument subject to pro forma invoice / 2nd hand copy of the license for the vehicle tool
  • If necessary, any of the copies of utility bills (fixed telephone, electricity, water or natural gas bill of at least the last two months registered on behalf of customer).
  • If necessary, similar documents are separately requested for the guarantors.

Please visit the nearest Vakıf Katılım Branch to benefit from vehicle finance.

Please call our call-center at 0850 202 1 202 for further information.