My Repayment Plan

Sterling Vehicle Services offers a 5% interest rate on all vehicle loan. Your repayment plan is calculated based on the repayment term you selected

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TVS Tricycle (CNG)

Below is a detailed repayment plan for your approved TVS Tricycle (CNG) vehicle loan of NGN 1,900,000 at a 5% interest rate with a 6 months repayment plan.

    • Vehicle Loan Amount: ₦1,900,000

    • Interest (5%): ₦35,698

    • Total Repayment: ₦1,935,698

    • Repayment Term: 6 months

    • Every 3 Months Repayment: ₦967,849

    • Repayment Frequency: Every 3 months (2 payments)

The table below provides a detailed illustration of your repayment plan