Personal Banking
Automobile Loans
Get into the driver's seat with an NJM Bank Consumer Auto Loan!
Look to NJM Bank to finance your next purchase or lease-buyout, or to reduce your current rate by refinancing.
NJM Bank Automobile Loans feature:
- No application fees.
- Borrow up to 90% of MSRP on new vehicles or Average Retail Value on used vehicles, in amounts ranging from $2,500 up to $50,000 (loan amount depends on model year).
- Various loan terms from 12 to 60 months are available for new and used vehicles for current and prior model years.
- A 0.25% annual interest rate reduction for electronic debit directly from an NJM Bank checking account. NJM Bank also provides an additional 0.25% interest rate reduction if you arrange for Direct Deposit of at least $100 per month of your pay, Social Security, or pension into the NJM Bank checking account from which your loan payment is direct debited.
- View current Auto Rates . Or, if you're ready, Apply Online Now.
Call one of our loan representatives at 1-877-NJM-BANK (1-877-656-2265), Extension 3737 for additional details.