Preferential loans now available on Belarus made ‘Geely’ cars

The loan interest rate is 1.9% per annum, the loan can cover up to 90% of the car’s value, the crediting period is up to 7 years. On March 20, the soft loan program was launched by BPS-Sberbank.

Preferential loans are available to individuals who want to purchase a new “Geely” ssembled in Belarus. In the first couple of years the preferential rate will be 1.9% (refinancing rate minus 8.6 percentage points).

If you take a loan for 90% of the cost of the car, then the preferential rate on the loan will be valid for 2 years. If your down payment is 25% of the cost, and the loan covers 75%, then the preferential period will be 3 years. After the end of this period, the interest on the loan will be the refinancing rate plus 2.5 percentage points.

A ‘BelGee’ automobile plant opened in Zhodino last year.,

Tags: cars Geely loans