Updated on 25 April 2019
Nationale-Nederlanden Bank NV is a member of NN Group, an insurance and asset management company. Nationale-Nederlanden Bank provides retail banking products and services including savings, investments, payment cards mortgages and consumer loans. Nationale-Nederlanden Bank offers its products both directly and indirectly via independent consultants.
Founded in 1923, as Industriële Disconto Maatschappij (en: Industrial Discount Company), InterBank now specializes in providing consumer credit products.
Coöperatieve Rabobank U.A. (commonly known as Rabobank Nederland) was established in 1898as a rural credit cooperative and is a head bank of Rabobank Group, an international financial services provider, active in the areas of banking, asset management, leasing, insurance and real estate. Rabobank Nederland provides a wide range of retail banking products and services to individuals and business customers.
ING Bank is a member of ING Group, a financial company specializing in insurance and banking. ING Bank is a universal bank offering a wide range of products and services to individuals, families, small businesses, large corporations, financial institutions, governments, public and private institutions and supranational bodies. ING Bank is a market leader in "Benelux" countries (the Netherlands, Belgium and Luxembourg) where it currently has strong market positions in retail and commercial banking.
Netherlands: This product is offered to the Netherlands' residents only. When clicking on the product link you will be redirected to the product page in Dutch.
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 the Netherlands: currency, effective rate per annum and loan term in months. The car loans terms vary from 6 month to 10 years (120 months).The effective borrowing rates are within the range 6.10 - 7.90 %.