Auto Loan

• We offer advantageous interest rates varying on the basis of brand and model.
• In personal-purpose credit, maximum maturity is 48 months for vehicles worth EUR 400,000 and below; 36 months for vehicles worth EUR 400,001 - 800,000; 24 months for vehicles worth EUR 800,001 - 1,200,000; and 12 months for vehicles worth EUR 1,200,001 - 2,000,000.
• For second-hand vehicles, we offer credit facilities where the maximum total of vehicle's age and credit maturity will be 144 months.
• Pledging the vehicle you bought will suffice as the credit collateral. However, in certain conditions, we may also require surety as security for repayment.
• For personal-purpose auto loans requested by individual customers and sole (individual) proprietorships, the maximum crediting rate is 70% for vehicles worth EUR 400,000 and below; 50% for vehicles worth EUR 400,000 to 800,000; 30% for vehicles worth EUR 800,000 to 1,200,000; 20% for vehicles worth EUR 1,200,000 to 2,000,000.

Firstly, you must be 18 years of age and a citizen of the Republic of Turkey in order to apply for the auto loan.

We offer you 4 different channels to make your application:

• Application form found right above
• Your preferred Lik Birlesik Bankasi branch
• Our contracted auto dealers that you choose
• 444 OTOM (444 6866), just one phone call away

A preliminary assessment is performed by our bank by using the information you have provided in the application. If the result of the preliminary assessment is positive, we expect you to visit our branches or our contracted car dealers along with the necessary documents.

After verifying the documents you have submitted to us, we make a final assessment. Once your application is approved, you can sign the required contracts at our branches or contracted car dealers and get your vehicle by completing the insurance, vehicle registration, and pledge procedures.