15 Mar 2010 8:59 AM
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Colonial Banking
The National Bank of Fiji was set up by the Government of Fiji to provide banking services to the people of Fiji concentrating on the rural markets where commercial banks found it unprofitable.οΎ  In 1999 Colonial Fiji Life Ltd purchased minor shareholding from the Government of Fiji and the trading name became Colonial National Bank.
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Banking
New Car Loan
Entry Conditions
  • Restricted for personal purposes only.
  • Applicant must be over 21 years
  • Vehicle must not be more than 10 years old.
  • Minimum loan is $5,000
  • Maximum available is 75% for vehicle less than 3 years and 55% for vehicles more than 3 years but less than 10 years
  • Contribution required from the customer is 25% of the cost if the vehicle is less than 3 years and 45% contribution if the vehicle is more than 3 years.
  • Maximum loan available is 80% if secured by Bill of Sale and 100% if adequate security is available.

Repayments Interest Rate Fees and charges
Repaid on monthly basis over a maximum period of 4 years (48 months). Refer to Great Rates Refer to Lending & Credit Card Fees & Charges

Security
  • Main Security required include: First registered bill of sale over the motor vehicle to be purchased
  • Mortgage over real estate
  • Motor vehicle insurance cover with Banks interest noted thereon.
  • Select your own Personal Identification Number (PIN) and make it easy to remember.

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