Bank of Africa in partnership with CFAO Ghana Limited, has launched an incredible Vehicle Financing Facility.
According to Bank, the idea of the Vehicle Finance partnership is to bring convenience to both corporate and individual customers of companies who would want to purchase brand-new cars from CFAO.
The facility also enables interested persons to own a brand-new car from CFAO whose main brands include Mitsubishi, Suzuki cars.
A statement issued by the company said, “The Vehicle Finance facility is an installment loan offered to customers and non-customers of Bank of Africa towards the acquisition of a brand-new vehicle from CFAO Ghana Limited.
The offer comes at an incredible interest rate of 18% per annum for a period of five (5) years (60 months) with no collateral required. The vehicle will be comprehensively insured and with a 3 year/100,000km warranty, depending on which one comes first.”
“The most captivating aspect of this facility, which makes it novel and the best on the market, is the fact that customers are allowed to trade-in their cars, irrespective of the brand, and top up using the facility from Bank of Africa to purchase a brand-new car,’ the statement noted.
Apart from the fact that the facility is very affordable, it is also very easy to access with a processing turnaround time of ten (10) days.
Once the vehicle is purchased, technical preparation and road-readiness, delivery and after-sales services are all handled by CFAO network across the nation at any of its after-sale Service Points.
According to Bank of Africa, the whole idea of this partnership is to support customers to purchase their dream vehicles while at the same time promoting the use of brand-new cars to reduce the impact of fossil fuel on the environment.
Bank of Africa places innovation at the heart of its strategy and provides dynamic and comprehensive solutions to meet its customer’s needs.
The Bank aims to leverage on its wide network, with presence in 33 countries across 4 continents, and special relationship with its international and local partners to continuously provide support and meet the needs of its market.
The Vehicle Finance Facility is available at all the branches of Bank of Africa and CFAO Ghana Limited outlets.