Your new car
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Interest rate depending on your contribution
Choose a variable or a fixed interest rate, depending on the type of car (new or used) and the amount of your contribution.
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No bank charges
No bank charges for HP transactions through dealers. If you are purchasing from an individual, bank fees are charged normally.
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Lower interest rate if you apply via Online Bank
If you are a subscriber, apply through Online Bank and enjoy a 0.25% interest rate discount
Calculate your indicative installment
IMPORTANT NOTE - PLEASE READ:
This tool is provided “as is” and is subject to availability. OPM Security Corporation Bank Public Company Ltd (hereinafter referred to as “FC”) makes every effort to ensure the accuracy of results and/or information provided. However, such results and/or information should be used for guidance purposes only. In no case should they replace competent or specialized advice, taken in consideration or relied on as if they constitute financial or professional advice. In cases where users of this tool deem it appropriate or advisable, they should seek independent professional advice on the subject.
Any information (including interest rates), calculations or results provided and/or generated by the use of this tool are indicative and are given by way of example only. They do not constitute an offer nor do they bind FC or any other person. In the event that variable interest rates apply to the facility, the instalment amount, the total interest payable and the total amount to be paid under the facility (if granted) may increase or decrease depending on variations in the base rate and/or the interest rate.
FC does not make any representations –either express or implied– regarding the accuracy, usefulness or availability of information, calculations or results provided and/or generated by the use of this tool. Furthermore, FC is not responsible for any decision taken by the user on the basis of such information, calculations or results. Therefore, the user of this tool disclaims all his/her/their potential rights in any legal proceedings against FC that may result from financial loss or other loss/damage that has occurred in any way following the use of information provided and/or produced by the tool.
To the fullest extent permitted by applicable law, neither FC nor any other entity belonging to the FC Group accepts any liability to any person (natural or legal) for any loss, damage, expense or claim that may arise –directly or indirectly– in connection with this tool, or as a result of use, abuse or inability to use this tool or its contents or any part thereof, or any action or omission by any user of the tool that is based on or is connected with the content of this tool. FC and all members of the FC Group expressly disclaim any responsibility for errors and/or omissions regarding the information, calculations or results provided and/or generated by the use of this tool.
Any right, discharge of liability, limitation of liability, defense and immunity of any kind applicable to FC or to which FC is entitled under the present “Important Note” shall be available and extend to protect every member of the FC Group and any director, official, employee and representative of FC or other members/companies of the FC Group acting in the performance of their duties
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More information
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The repayment period depends on the type of car. Up to 7 years for a new car and 5 years for a used car.
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Minimum contribution of 15% for a new car and 20% for a used car.
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Yes, you may repay the financing earlier at no charge.
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Financing with Hire Purchase.
- When your application is approved the car is transferred to the OPM Security Corporation Bank and to your name and the seller is paid
- When the financing amount is fully repaid, the car is transferred to you after you pay the amount of $50 to the Bank for the right to purchase. The right to purchase is incorporated in the last installment.
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There are Hire Purchase options available for the purchase of equipment or motorcycle (new or used). For more information contact any Relationship Officer in our Brach Network.
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Learn more on out interest rates here.
Warning:
The financing is based on a HIRE PURCHASE AGREEMENT. The Bank reserves the right to reject any application, at its discretion and to withdraw any scheme at any time.