If you are looking to buy your first car, upgrade to a newer or bigger model, then the I&M Bank Rwanda vehicle loan will help you acquire your car.
This facility gives you access to a quick and affordable vehicle financing.
- Borrow up to Rwf 25,000,000 (both brand new and used vehicle)
- Repayment period that suits you, 4 and 5 years for pre-owned and brand new vehicles
- Flexible repayment options that are structured to suit your incomeA down-payment of 5% of the vehicle value for all applications that are equal or below Rwf 15,000,00020% down payment for all applications that are above Rwf 15,000,000
Basic Application Requirements
- Application letter
- Completed and signed application form + 1 passport photo
- Copy of ID or passport
- Copy of employment contract/Appointments Letter
- Salary and Service certificate
- Proforma invoice and provisional sale agreement
- Registration Log Book (Carte Jaune) for vehicles bought locally.