Sogecar

Sogecar

The key to your dream car

If you are looking for the fast and easy way to purchase the car of your dreams, new or used, Sogecar is the key!

The perfect financing plan for a new or a pre-owned car

  • Personal contribution for new cars: starting from 20% of the car's price
  • Personal contribution for used cars: starting from 30% of the car's price
  • Preferential interest rate
  • Flexible repayment duration up to 7 years

Mandatory insurance policies to be assigned in favor of SGBCy

  • Life insurance policy offered by SGBCy through cooperating insurance company, covering the loan amount in case of death or permanent and total disability.
  • Full comprehensive car insurance for the insurable value of the car.

More info

  • Sogecar interests are calculated on the daily-reduced balance of the loan amount, rather than being charged on the initial loan amount till repayment of the loan.
  • Obtain a complete repayment schedule for your loan at your SGBCy branch.
  • The full terms of the loan including the APR and other fees will be provided during the application process.

The facility is granted under the assumption that the client has supplied the appropriate securities for the Bank. The Bank however, reserves the right to decline any application at its own discretion.
All credit facilities are directed to persons over 18 years of age.

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