Wema Bank Partners With Elizade

Determined to make life more pleasurable for its customers, Wema Bank, in concert with  Elizade Nigeria Ltd, has come up with a programme that makes it possible for people to  acquire the Toyota range of products with ease.

Known as Elizade Toyota Acquisition Plan (E-TAP),  the programme is a consumer loan  scheme  under which   Wema  Bank  will finance   the acquisition  of Toyota brand  of  vehicles for prospective buyer through  Elizade Nigeria Ltd, one of the major  distributors of Toyota Nigeria Ltd.

Under the scheme, which has an all incompetitive interest rate, and a maximum tenure of  48 months, prospective buyers are expected to make a minimum  initial payment of 10% of  the cost of the vehicle.

It is however important that the available monthly income must be adequate to meet the  required monthly rentals/ installments to be paid on any vehicle purchased under the  scheme.

The scheme is opened to confirmed employees of blue–chip companies, multinationals, oil  and gas companies and financial  institutions  that have regular source of income ,  self-employed professionals with thriving businesses and verifiable income.

Other prospective beneficiaries include, entrepreneurs with verifiable sources of income,  institutions/ corporate organizations, multinationals that are interested in arranging  loans for their employees for purchase of the Toyota range of vehicles and those who are  interested in acquiring operational vehicle as well as civil servants and employees of  government agencies and parastatals.