Customers may borrow up to 70% of the vehicle value based on MSB’s appraisal.
Customers must reside in the same province/city where the MSB branch/transaction office receives the loan application, or in a neighboring province/city within 30 km of the branch/transaction office.
The vehicle usage period is calculated from the date of the first vehicle registration to the date of loan application, rounded to full years.
Interest is paid monthly based on the outstanding balance. Principal repayment may be equal or flexible, depending on the customer’s income source.
Approval time: up to 8 working hours.
Residing in the same province/city where the MSB branch/transaction office processes the loan application, or in a neighboring province/city within a maximum distance of 30 km from the MSB branch/transaction office receiving the application.
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