Loans

A Car Loan enables you to finance the purchase of a car for private use, which at the moment of purchase is not older than 3 years.

No down-payment is required: 100% financing is available
The amount of the loan depends on your age, financing need, your income and your expenses. The loan amount can vary between Afl. 5,000 and Afl. 65,000
Your partner’s income can be included in the loan should you wish that
The loan term can be from 1 to 5 years. Larger loan amounts or longer loan terms are possible in consultation
The monthly installment depends on the loan term, the amount of the loan and the interest. The loan term and the monthly installments are stipulated in advance and will not change
You are eligible for a Car Loan when you enjoy permanent employment, have sufficient income and you are at least 18 years old

To apply you need to bring the following documents:

A valid identification (driver's license in case of a car loan)
Last two pay slips if you receive a monthly salary
Last four pay slips if you receive a bi-weekly salary
Recommendation letter from your employer
At the moment of purchase the car should not be older than 3 years. The loan should be fully paid off before the car is six years old
The car should be insured “All Risk” for at least four years
The loan should be paid off before you turn 65 years of age
Your salary should be automatically transferred to RBC Royal Bank

A Personal Loan enables you to have enough funds to finance a specific purpose.

The amount of the Personal Loan depends on your age, financing need, your income and your expenses. The loan amount can vary between Afl. 2,000 and Afl. 30,000
Your partner’s income can be included in the loan should you wish that
The loan term can be from 1 to 5 years. Larger loan amounts or longer loan terms are possible in consultation
The monthly installment depends on the loan term, the amount of the loan and the interest rate. The loan term and the monthly installments are stipulated in advance and will not change
The total loan amount will be at your disposal immediately on your Current Account. From the moment that you dispose of the funds, you begin to pay off on your loan until you have reached nil
You are completely free in the allocation of the funds. In case you want to obtain for example a car that is older than 3 years, you can do that with a Personal Loan
You are eligible for a Personal Loan when you enjoy permanent employment, have sufficient income and you are at least 18 years old