Vehicle Loan

With QNB products and offering package, you can:

  • Finance your new vehicle:
  • New or pre-owned cars (less than two years)
  • Luxury or utility vehicle 

Target customers

  • Salaried or non salaried customers. 

Features

  • Maximum Loan Amount:
    • 80%  4 hp
    • 60% 5 hp and more
  • Wage ceiling: Depending on the salary or income
  • Maximum Loan Tenor:
    • Maximum 7 years for a new vehicle.
    • Maximum 5 years for pre-owned vehicles.
  • Reply time: Max. 5 working days

Required documents

  • Signed and completed Application Form
  • Tunisian ID card/professional ID card
  • Salary certificate addressed to QNB (not older than 90 days) or retirement pension certificate for retirees
  • Statement of income for non salaried customers (last two years)
  • Bank statement for the last three months
  • Registration card
  • Pro Forma invoice or provisional sale agreement (new vehicle)

Granting conditions

  • Salaried customers tenured in their current position.
  • Irrevocable domiciliation of salaries addressed to QNB (not older than a month) or assignment of salaries (Retirement pension for retired people).
  • Transcription of the lien upon the vehicle. 
  • QNB may require other collateral or personal securities. 

Benefits

  • Easily obtained, once you provide all the required documents.
  • Uncapped loan, depending on the customer's repayment ability.
  • Repayment period depending on the income and the repayment ability, up to seven years and up to the duration of use of the pre-owned vehicle.

Market Data

Last Update : Tuesday 13 April 2021