Benefits

A process organisation fee and a contract change/reformulation fee, previously defined by the Bank, will be charged.

To subscribe for the Auto Leasing Pack, visit any Millennium bim Branch.


An index interest rate, applicable as of the date of granting the corresponding facility will be charged, with an additional spread established at the Credit Risk level. If you subscribe for the Mais Auto Insurance, you will have access to a reduced spread.

The contract allows the Customer to use the vehicle temporarily, against a lease payment for a certain period. At the end of the period, you will have the option to purchase the vehicle with the payment of the residual value.

Features
Financing Amount
Financing Amount
Up to 90% of the acquisition value
Term
Term
Min: 24 months Max: 60 months
Interest Rate
Interest Rate

Financial System Prime Rate + Spread with 1% discount if insurance is taken

out with Millennium bim.
Initial Entry
Initial Entry
10% to 20%
Residual value
Residual value
Minimum 2% and Maximum 10%
Currency
Currency
   Metical (MZN) and Dollar (USD)
Guarantees
Guarantees
  • Security from Shareholders and Spouses for Companies
  • Applicant and Spouse for Private Individuals and ENIs.

The contracting of credit transactions advertised herein is subject to credit risk analysis and the possible constitution of guarantees that the Bank deems suitable.

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