Updated on 8 July 2020
ING-DiBa Austria Niederlassung der ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa Austria Niederlassung der ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa Austria Niederlassung der ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
BAWAG P.S.K. is one of Austria's largest banks with more than 1.6 million retail and corporate customers and a nationwide well-known brand. The business strategy of BAWAG P.S.K is focused on low risk and high efficiency. More than 70% of the bank's loans and receivables are owed to customers in Austria, while the rest accounted for by western industrialized countries such as Germany, France, the United Kingdom and the United States. BAWAG P.S.K. has made a proactive decision to withdraw from Central and Eastern Europe. BAWAG P.S.K. business segments are retail and SME banking, corporate lending and investments, and treasury services and global markets.
Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Car loans are secured or unsecured loans provided to customers for the purpose of purchasing a new or used car. Used cars private purchases are financed as a rule with unsecured loans, while the purchase of new cars - via secured loans with the car used as the loan collateral. In terms of repayment, car loans are normally installment loans (i.e., such a loan is repaid in equal installments until the loan is paid off at the end of its term).
The table above shows essential details of selected car loans offered to retail customers by the banks in Austria: currency, effective rate per annum and loan term in months. The car loans terms vary from 12 month to 10 years (120 months). The effective borrowing rates are within the range 1.48 - 8.99 %.