Have you picked out your new car yet? Learn how BFA can make your dream come true.

Signing up

1º Visit your nearest Investiment Centre and open a Salary Account
2º Simulate your Car Loan here
3º Apply for a Car Loan at your Investiment Center
4º Submit the required documents to your Branch

Benefits

A loan customized to your needs
Competitive interest rates
Equal monthly instalments
Buying a new car through instalment payments
Customized service

Maximum financing amount

Vehicle with a market value of up to AOA 6.000.000 - Up to 90% of the pro-forma invoice amount
Vehicle with a market value between AOA 6.000.000 and AKZ 10.000.000 - Up to 80% of the pro-forma invoice amount
Vehicle with a market value higher than AOA 10.000.000 - Up to 70% of the pro-forma invoice amount

Financing available for purchases of new vehicles with payment directly to dealerships.

Loan period

6 to 60 months

Full products details

For more  information, click here

Documents required

Identification documents (ID Card and Taxpayer Identification Number) of the borrower and spouse
Proof of marital property scheme, if applicable

Proof of earnings:

Statements from employers, evidence of salary and/or proof of other income
Submission of a commitment letter from Employers to deposit salary payments in a BFA account or, if not possible, a statement from the Client committing to transfer salary payments to BFA on a monthly basis
Commitment letter from the guarantor
Executed promissory note: by the borrower, spouse and guarantors

Others

Guarantor
Life Insurance: can be contracted at BFA branches
Car Insurance: can be contracted at BFA branches