First City Monument Bank Limited (FCMB) and Dana Motors Limited yesterday launched the auto alliance scheme.
Under the scheme, qualified customers would be able to own a brand new KIA for a low as N47, 400 monthly repayment plan.
Executive Director, Lagos and South West, FCMB, Mr. Olufemi Bakre explained at an event in Lagos that the partnership was borne out of an alliance between the two institutions.
He said: “FCMB has been a well acclaimed industry leader in consumer loan offering. Today’s package is a viable alliance aimed at furthering the frontiers of delivering an exceptional customer experience.”
Apart from the flexible repayment, he said, the scheme offers many more benefits inclusive of insurance, free registration, five years warranty, among others.
“Today, our guests and customers are presented with unique consumer offering and how they can benefit from it.
“The Auto loan is another way of identifying with customer aspirations and delivering on our brand promise to our customers
“Throughout the period of this offer, our customers who will sign on the scheme will not have to worry about releasing bulk cash to acquire a brand new vehicle, meaning that they will be able meet other needs at the same time,” he added.