There is good news for prospective car owners who are considering taking up a BOV motor loan to purchase their new motor vehicle. Bank of Valletta is offering added value benefits on motor loans approved up to the end of April. The bank is extending the repayment period on such loans over a six-year term.

Moreover, customers will enjoy a 50 per cent discount on processing fees and will be able to avail themselves of a three-month moratorium.

“We are regularly looking for ways to deliver added value to our customers,” said John Soler, Chief Officer responsible for Credit at Bank of Valletta. “Our motor loans provide a more straightforward and efficient way for our customers to purchase their car and, thanks to these new offers, we are making this financing product even more attractive,” said Mr Soler.

“These offers also show how BOV is responsive to customers’ expectations. In fact, we have planned these special offers for the month of April specifically to support customers who are planning to purchase their motor vehicle following last week’s motor fair,” concluded Mr Soler.