VTB has started issuing preferential car loans for Haval cars

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AK&M 23 September 2022 15:44

VTB has started accepting applications for the purchase of Haval brand vehicles as part of the state car loan program. Expanding the list of cars available for purchase on preferential terms will allow you to reach more potential borrowers and support automakers. This is stated in the bank's message.

Under the terms of the state program, customers can purchase a car manufactured in 2022, worth no more than 2 million rubles. with a discount. The discount from the price of the vehicle for the regions of the Far Eastern Federal District is 25%, for other subjects — 20%.

Families with one or more minor children, borrowers buying a vehicle for the first time, employees of medical and educational organizations can take advantage of preferential conditions. The state program also applies to motorists who trade-in their existing vehicle older than six years (provided that they have owned it for at least one year).

About 2.5 thousand VTB customers took advantage of the preferential lending program, and the total volume of transactions exceeded 1.5 billion rubles.

In addition to Haval, customers can purchase cars of such brands as Lada, UAZ, GAZ on preferential terms. At the same time, the initial payment must be at least 10% of the cost of the car. The funds are available for up to 7 years.

VTB is one of the leaders of the Russian car loan market. According to the results of 8 months of 2022, borrowers conducted more than 31 thousand transactions in the bank for about 40 billion rubles.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. In the CIS countries, the group is represented in Armenia, Ukraine, Belarus, Kazakhstan, and Azerbaijan. VTB banks in Austria, Germany and France operate under a European sub-holding headed by VTB Bank (Austria). In addition, the group has subsidiaries and associated banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one branch of VTB Bank in China and India, two branches of VTB Capital Plc in Singapore and Dubai.