Mar 4, 2020
Comments Off on Diamond Bank Auto Loan – Up to N20,000,000 for your new car

Diamond Bank Auto Loan – Up to N20,000,000 for your new car

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If you wish to have a new car, the Diamond Bank Auto Loan is an excellent option for you. It is possible to borrow from N 1,000,000 to N20,000,000, which must be re-funded within a maximum period of 48 months (4 years).

You will have access to a range of vehicles through highly trusted dealers recommended by the bank. You will also be able to choose from the vehicle you like best, be it an SUV, Pick-Up, Vans and many others!



Rates are competitive and there are no hidden costs or values. The repayment must be made in a maximum of 48 months (4 years) and a minimum equity contribution of 30% of the cost of the vehicle is required.


The application

The application must be made at one of the bank’s branches or you can contact by phone or email. If you already have a relationship manager, a great option is to contact him to make the application.


What documents and requirements are needed?

To be eligible for Diamond Bank Auto Loan you need to submit some documents and also be within certain requirements. They are few and this can also be seen as an advantage.

  • Functional salary or business account with Diamond Bank
  • Available for individuals and entrepreneurs
  • Completed Retail Loan Application Form
  • Valid means of identification (international passport, driver’s license or national identity card)
  • Proof of address
  • Employment letter
  • Letter of Confirmation and / or last Promotion Letter
  • Personal identification card.
  • Certificate of registration (for business owners)
  • Other KYC documents



When we talk about loans, the advantages are what most calls attention between choosing one or the other, does not it? Let’s take a look at what are the advantages that Diamond Bank Auto Loan offers and maybe that can be a differential for you.

  • It is safe
  • Available for employees or for business owners
  • Highly competitive rates
  • Just some documentation required
  • Fixed Rate Payment
  • Easy Application.
  • Many Vehicle Options


Diamond Bank

Diamond Bank is the fastest-growing retail bank in Nigeria. They offer a variety of products and banking services, for retail, business or corporate banks.

The pillars of the company are integrity, leadership, accountability, competence and passion. They work primarily to provide customers a special experience and
and to help people organize their financial lives

They offer some kinds of services for those who need to borrow money, such as Personal Loan, Pay Day Loan, Auto Loan, Mortgage Loan, Asset Leasing and Loan for School Fees.


Useful Information


Telephone: + 234-01-4489830, 0700-300-0000

Fax: + 234-1-2619728

Address: PGD’s Place, Plot 4, Block 5, BIS Way, off Lekki-Epe Expressway, Lekki, Lagos


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