The Moscow TRANSPORTNY bank is offering new car loan terms, avoiding hidden commissions. Early redemption is now also possible without additional charges. Credits are provided for 12 to 60 months for purchasing new or second-hand foreign and domestic cars aged not more than eight years, including the credit term. The loan ranges from R100,000 to R2.5 million. The interest rate is set at 14% to 17%. Credits are to be repaid monthly in equal instalments.
Source: BANKI.RU, April 23, 2007