Access Bank links Nissan to offer vehicle finance scheme

Access Bank and Nissan have announced a vehicle finance initiative which will enable customers to purchase Nissan vehicles at an interest rate of 18 per cent.

A statement by the bank said the vehicles would be purchased from Stallion NMN and other accredited dealerships nationwide.

At a brief ceremony in Lagos where the initiative was endorsed by both establishments, Access Bank PLC Executive Director-Personal Banking, Mr. Victor Etuokwu, said, 'We are bringing together two Nigerian most powerful brands; Access Bank - a tier one banking group and Stallion NMN, a member of Stallion Group to give Nigerians opportunity to own brand new Nissan vehicles at affordable rates.'

'These alluring incentives are intended to encourage patrons to buy functional brand new vehicles instead of used cars known as 'tokunbo that are far too exorbitant to contend with.'

He described the Nissan-Access finance pact as seamless apparatus of purchase that promises only 2.5 per cent insurance premium with free vehicle registration, no upfront fee, 48 months tenor, free labour charge for the first three services, three-year or 100, 000km warranty and free Samsung Galaxy tap for every vehicle purchased.

Etuokwu added that a brand new car wasn't a luxury but part of a tool to work efficiently. He advised patrons to embrace the scheme and drive fashionable Nissan cars that have value and quality.

Stallion NMN Managing Director Mr. Parvir Singh, said, 'We will continue to invest in new marketing initiatives that enable more customers to feel and appreciate tech-savvy Nissan vehicles that offer unprecedented comfort and satisfaction.'

He enjoined prospective customers to explore this pact by simply walking into any Stallion NMN accredited dealership in Nigeria to get a profoma invoice for a choice Nissan car where a deal would be struck with Access Bank PLC thereafter.'