Bank of Valletta has launched a new personal loan – the BOV High Value Motor Loan. This new product by Bank of Valletta is specifically aimed at customers purchasing high value motor vehicles. The loan has favourable rates of interest to provide customers with greater purchasing power.

With a repayment period of up to of seven years, the BOV High Value Motor Loan is ideal for customers who would like to own a car costing e20,000 or over.

The loan is repayable in monthly instalments and the amount paid each month is determined by the sum borrowed and the selected term. Customers who decide to repay the loan before the stipulated term, whether in one lump sum or by increasing monthly instalments, will incur no additional fees.