Rates Are Reduced

8 August 2017

The Financial Service Department of KAMAZ PTC (part of Rostec State Corporation) and AK BARS Bank agreed to lower interest rates for the purchase of vehicles under the KAMAZ-FINANCE program.

AK BARS Bank has reduced rates specially for buyers of KAMAZ vehicles, and now the marketing rate on the loan is 1.43% per annum or higher. The marketing rate is not an interest rate on the loan and is formed due to the special cost provided by the manufacturer for new vehicles of the KAMAZ model line.

The program is meant for representatives of small- and medium-sized businesses, so the bank provides financing under the terms of the SME development program. The minimum initial payment under the program is from 10%, the term is not more than 5 years, the amount of crediting is from 1 million rubles. Credit funds are provided on security of the acquired vehicles, additional collateral is not required. The program covers serial vehicles and special machinery on KAMAZ chassis.

The terms of the program and the contacts of the participants can be found at the site of KAMAZ PTC in the section Purchase and Service - Lending (in Russian), as well as at the dealer centers and the branches of the bank.

Top