Vehicle Financing - First Bank of Nigeria

Finance Your Vehicle with First Bank of Nigeria: Tailored Solutions and Benefits

First Bank of Nigeria offers vehicle financing options to help you acquire the car you need, whether it's new or used, with flexible terms designed to meet your financial situation.

What Vehicles Can You Finance?

• ✔️ New vehicles – Access the latest and most popular models.
• ✔️ Used vehicles – Choose from reliable, well-maintained options.

Available Financing Options

Auto Loan

First Bank of Nigeria's Auto Loan offers competitive rates and flexible repayment terms. Key features include:

• ✔️ Financing up to 85% of the vehicle's value.
• ✔️ Terms up to 60 months.
• ✔️ Affordable interest rates.

Exclusive Promotions

Enjoy exclusive benefits when financing with First Bank of Nigeria, including discounted rates at partner dealerships and flexible payment options.

Financing Simulation: Toyota Camry (Used)

Thinking about financing a reliable used car like the Toyota Camry? Here's an example:

• 🚗 Model: 2015 Toyota Camry (Used).
• 💰 Price: ₦8,500,000.
• 💰 Deposit: 20% (₦1,700,000).
• 📆 Term: 36 months.
• 🔢 Monthly Interest Rate: 2.0%.
• 💸 Approximate Monthly Payment: ₦256,000.

Financing Simulation: Hyundai i10 (New)

Looking for an affordable new car? Here's a simulation for the Hyundai i10:

• 🚗 Model: 2023 Hyundai i10 (New).
• 💰 Price: ₦12,000,000.
• 💰 Deposit: 20% (₦2,400,000).
• 📆 Term: 48 months.
• 🔢 Monthly Interest Rate: 1.8%.
• 💸 Approximate Monthly Payment: ₦285,000.

Use our online simulator to explore financing options that fit your budget and needs.

Apply for Your Financing Today

First Bank of Nigeria is committed to making your dream of vehicle ownership a reality. Click below to begin your application.