Lending / Consumer Vehicle Loan

Consumer Vehicle Loan


A Consumer Vehicle Loan is a fixed term loan repayable in regular instalments covering principal and interest, for the purchase of a car.

Who is for?

Employed individuals in need of purchasing a motor vehicle for private use.

Description Features
Minimum Loan Amount PGK20, 000
Maximum No maximum limit.


  • New cars up to 7 years term.
  • Used cars (Not older than 15 years) up to a 5 year term.
Equity Nil
Security An acceptable vehicle from an authorised and licenced motor vehicle dealer
  • Minimum of 2x valid IDs.
  • Applicant must be 18 years of age or over.
  • 3x Recent Pay slips.
  • Motor vehicle quote from dealer.
  • Details of other loans or credit accounts.
  • Current Employment Confirmation to confirm minimum 6 months service.
Our Accredited Dealers
  • 2Fast Motors (Used Car Dealer)
  • Boroko Motors
  • Ela Motors
  • Freeway Motors (Used Car Dealer)
  • Kimbe Kar Sales
  • Nation Wide Rent A Car - Avis
  • Niu Ford
  • PNG Motors
  • Port Moresby Motors
  • Wheels Limited
  • Lael Motors

*Terms and conditions apply.

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