Buy Your Dream Car

With a range of car loan options from Comos Bank, you will find the best choice to suit your needs and budget. Whether you want to buy a new or used vehicle, you will be in luck.

What is a Car Loan?
A car loan is a kind of finance used as a tool to borrow money and purchase a vehicle. This loan is paid back over a term in installments, and with every installment, you pay interest on it also.

Interest Rates: A Critical Factor
The interest rate is probably the most important determinant in choosing the right car loan. Interest rates determine just how much you will actually pay for the loan and how much you will pay monthly. Comos Bank provides market competitive interest rates, making it possible to afford your dream car without having to mortgage your future. Our rates change with market conditions, so check out our latest offers.

Factors Affecting Interest Rates
Several things determine the car loan interest charged on you such as:
Amount borrowed: Amount borrowed may determine the rate at which one pays the loan.
Durations of the loan: The longer it takes the higher your interest rate is likely to be.
Your credit rating: The better your rating then, the lesser your interest rate is.
Vehicle purchased: The interest charged will vary depending on what type of vehicle bought.
Market determinants: The current conditions also help determine the amount set against interest.
Why Bank at Comos for Your Car Loan?

Low interest rates: Save much more with low monthly installments.
Flexible loan repayment: Get loan repayment plans that suit your lifestyle.
Car loans assister by government: Apply for the government assisted car loan.
Professional assistance: We have people who will be of help to you personally.
Fewer paperwork application process: Reduce hassle and paperwork.
Do you want to drive away in your dream car? Contact Comos Bank today and learn more about our car loan options-how we can help you drive away in the vehicle of your dreams.