Loan for car purchase at Auto Mita SHPK

March 17, 2023

TEB Bank in cooperation with Auto MITA SHPK have reached a cooperation agreement on selling the cars through auto-loans.

Who can apply for a loan?

All payees of public sector, public companies, private sector and clients with rental incomes.

  • For payees of state institutions and public companies, private sector and clients with rental income with a maximum maturity of up to 84 months.
  • For new cars, loan up to 20,000 EUR just yourself, without co-borrower and without guarantor.

What do you need to apply?

  • Receive your salary through TEB Bank or bring confirmation from your employer that your salary will be transferred to TEB.

Financing conditions:

  • Financing up to 100%

Required documents for application:

– Valid identification document (ID card, passport or driving license)

– Utility bill (electricity, water, waste or telephone) proving your address (not older than 6 months)

– Valid employment contract and bank balance (last 6 months)

– Proforma invoice for the car purchase

– Full kasco for new cars (mandatory)

Additional documents that may be required based on the value of loan:

– Proof of additional family incomes

– Co-borrower: ID / Employment contract / Bank balance (last 6 months)

– Guarantor: ID / Employment contract / Bank balance (last 6 months)

– Mortgage: Possession certificate and copy of plan (not older than 6 months)

– Car registration certificate (the car must not be older than 12 years)

Loan example:

Amount: 20,000€

Maturity: 84 months

Monthly installment: 280.80€

Total amount: 23,596€

For more information please contact the Call Center at 038 230 000, Facebook / Messenger (TEB Sh.A), Instagram (TEB Sh.A).

TEB, the Bank for a changing world!