Eligibility Conditions

Who is a car loan for?

A car loan can be taken out by any natural person, whether a legally capable adult or a minor who is not emancipated.

And how?

To obtain your car loan, you must open a current or joint account. It's free, as is your bank card.

Availability of Funds

The funds are transferred to your deposit account within a minimum of 48 hours of accepting your credit offer. The funds can be made available in one or more installments over a maximum period of 6 months.

Withdrawal

The legal withdrawal period is 14 days from the date your loan offer is signed.

Closure

The loan is closed upon maturity or in the event of full early repayment.

Acceptance of the Offer

Upon receipt of the offer:
-Its validity period is 30 days;
- You can accept it from the 11th day (following the legal 10-day reflection period).

Withdrawal and Repayment

Withdrawal

Your monthly payments are debited directly from your deposit account, and the first withdrawal occurs on the first chosen amortization date.
You can choose the date, i.e., the date on which you wish to repay your loan monthly. Subsequently, and at any time, you can change the date by requesting it by mail to BCMF.

Repayment Options

You can defer the first repayment for a maximum period of 12 months. You can suspend two monthly payments per rolling year, with a two-month period between each suspended payment.
Depending on the length of your contract, you can suspend up to 8 monthly payments.
You can repay your loan before the scheduled term.

A loan is a commitment and must be repaid. Check your repayment capacity before committing..