RN Bank: car loan reviews, procedure for obtaining, repayment terms

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

People who live in the capital or any other major city simply cannot do without a car. This is not surprising, because it usually takes a lot of time to get from one point to another. Few people want to ride in a stuffy bus or push on the subway. Not everyone can afford a new high-quality car. In this case, people resort to car loans.

This type of loans is issued by almost every bank today. However, there are individual organizations that lend money on more favorable terms. For example, they include RN Bank, reviews on car loans in which differ mainly in positive ratings. This is primarily due to low interest rates and interesting programs for clients.

Reno-Nissan Affiliate Program

Before considering reviews on car loans at RN Bank, you should pay attention to interesting information. This financial institution is a partner of the Renault car concern, which, as you know, owns the productionNissan.

It is not surprising that he provides the most favorable conditions for vehicles from these manufacturers. Program rates can vary greatly depending on the specific model, as well as the first installment and the period for which the loan will be issued. In addition, you need to take into account the risks that the borrower will insure.

Lending Features

Reviews on car loans at RN Bank often say that not every car can be purchased in installments. But if you choose one of the car dealership offers, you can save a lot.

For example, in customer reviews you can see that in some cases the overpayment is 0%. This is due to the fact that the bank periodically holds promotions, according to which the overpayment on the loan is not charged. However, you need to understand that in this case, the nominal rate still remains, which, as a rule, is slightly higher than when applying for another type of loan. But, regardless of this, the buyer still receives a very nice discount, thanks to which the overpayment is almost equal to 0.

Peculiarities of applying for a car loan at RN Bank

First of all, it is worth noting that this financial institution does not have its own branches and branches. Accordingly, in order to get a loan, you need to contact the seller in the salon, who will redirect the client to a loan officer. He will help you fill out the form and get a response from the bank.

If the user receives a positive response, then in this caseis a standard contract of sale. Since Casco is a mandatory service in order to receive a car loan from RN Bank, then insurance is issued after that.

At the next stage, the happy owner of the car must make an initial payment and only after that draw up a loan agreement. When all the formalities are completed, you can register the car for yourself and pledge it to a financial institution. This does not mean that the car cannot be used. The car owner simply does not have the right to sell this vehicle, as it is part of a contractual relationship.

If we talk about vehicles, then you should pay attention to the fact that each brand of car has its own conditions. Therefore, taking part in such an affiliate program, you should first study all the intricacies of formalizing credit relations and other conditions.

Lending Features

As a rule, when applying, a client can count on up to 4.5 million rubles. At the same time, the loan is issued for up to 7 years, and the interest rate can be 0% if you successfully get into the stock. However, even if an overpayment is expected, as a rule, it does not exceed 12% per annum.

What documents are required

According to reviews of car loans at RN Bank, no additional paperwork is required. First of all, you will need a passport of a citizen of the Russian Federation and proof of income in the form of a relevant certificate.

Sometimesmanagers are asked to additionally provide a work book or a photocopy of its pages. SNILS will also be required, and if a person did military service, then documents confirming this. Separately, it is worth considering the current programs and tariffs for new customers.

Renault Credit

According to this program, credit conditions may vary in contrast to a specific car model. The size of the loan will be influenced by numerous factors, for example, the class of the vehicle, how much it is currently in demand and popularity. If the car is not in great demand or, for example, it has gone “out of fashion” for several years, then very often the bank does not charge any overpayment and provides customers with an interest-free loan.

However, in this case we are talking about a specific configuration of cars, which usually do not include any additional devices. If the buyer wants to connect additional options that are very different from the standard package, then in this case the loan rate changes.

For example, if you get a car loan for Renault Logan, then the overpayment will be 7.9%, and the loan period is up to 5 years. In this case, the initial payment must be at least 30%. If the client wants to deposit a minimum amount, which will be equal to 10 percent, then in this case, you can purchase another model. But then the interest rate will be increased to 10.9. In addition, the minimum loan amount and many other conditions are taken into account. But still, many in their reviews write,that the car is cheaper. At the same time, the client can always use the early repayment of a car loan at RN Bank.

Nissan Finance

In this case, special offers apply. For example, if the machines are in high demand. Let's say a customer decides to purchase a Teana model. It is issued on credit for up to 3 years.

The most pleasant feature of this loan is that if the client manages to deposit funds in 3 years, then in this case no overpayment is implied. You should also pay attention to the minimum overpayment rate. It can be obtained if you immediately pay 50% of the total cost of the vehicle.

Datsun Finance

Another interesting offer from the bank.

This vehicle is in demand and very popular with consumers. Even without a loan, its cost is low, and the characteristics of the car are excellent.

In this case, the financial institution offers two lending options to choose from. The client can use the basic or special program. In the first case, it is assumed that the equipment of the car will be minimal. But the percentage of overpayments will be an order of magnitude lower. In the second case, the client can choose additional options and include them in the total loan amount. Most car owners prefer this option.

RN Bank: early repayment of a car loan

Likemost bank loans, such lending involves the payment of the full amount before the end of the contract. But in this case, you need to pay attention to a few nuances.

If we consider reviews on early repayment of a car loan at RN Bank, then you should pay attention that this procedure can also be done online. Although the official portal of a financial institution does not allow you to issue an initial loan online, this does not apply to contributions under the agreement. Therefore, you can repay the loan without leaving home.

If we talk about how to repay a car loan in RN Bank ahead of schedule, then first of all you need to notify an employee of a financial institution of your intention 30 days in advance. To do this, you can use the feedback on the bank's website. After drawing up the relevant application, the borrower receives an SMS with data on the amount that he must pay in order to close the loan.

Reviews

If we consider reviews of car loans in RN Bank, we can see that loans are provided not only for the purchase of new cars, but also for any products that have been released by the company. At the same time, a separate tariff plan is provided, according to which, again, there will be quite low interest rates.

In general, the bank's customers are very satisfied with the services provided. They note that such loans are much more profitable than standard lending in any other bank. Also, many people pay attention to the fact that applications are processed quickly, and the percentage of refusals is very low. Therefore, it turns out to buy a car on more favorable terms.