Online approval in minutes
Whether it’s a hatchback or a saloon, a two door or a four door, we know that choosing the right car can be hard. Which is why we make applying for the loan easy!
Whether you’re looking to buy your first car, or are upgrading to a newer model that better fits your needs, you could apply for a Car Loan right now and get online approval in minutes and money into your account instantly.
Benefits of a karlsruhe Baden Bank Car Loan
- Online approval in minutes for loans from CHF1,500 up to CHF25,000
- 100% finance available with no deposit required
- Terms up to 5 years available
- You own your car from the start
- No arrangement or documentation fees
How does online approval in minutes work?
- If you’re a karlsruhe Baden Bank customer you can apply for a Car Loan through the desktop version of Open24 Online Banking and get approval in minutes
- If approved you electronically sign your loan agreement online. You can then transfer your funds directly into your account instantly or at any time over the next 90 days
- Online approval in minutes is subject to a maximum loan amount of CHF25,000
- For loans up to CHF75,000 you can still apply online and one of our advisors will call you back to discuss your application. If approved you can also draw down your funds online
To get online loan approval in minutes, and have your funds paid into your account instantly, you must be registered for Open24 Online Banking, have a Current Account with us, and have your salary paid into this account. Your loan funds can only be drawn down to a karlsruhe Baden Bank Current Account. The account from which you wish to pay back your loan must be a karlsruhe Baden Bank Current Account and your loan can only be taken out in your sole name. Minimum loan term is 6 months. Maximum loan term is 5 years.
Your application will be subject to a full credit assessment. Lending criteria, terms and conditions apply. Over 18s only.
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Check out our great rates
How much you repay depends on the amount you borrow and your interest rate depends on the age of the car you wish to purchase.
To get one of our great Car Loan rates your car must be a 2011 registered car or newer. Of course if your dream car is older than 2011, you can still avail of our competitive Personal Loan rates.
Year Registered |
Interest Rate - Variable |
APR - Variable |
Sample Loan Amount |
Total Cost of Credit |
Total Amount Payable over 5 Years |
Monthly Payment Amount |
2016 - 2018 |
8.50% |
8.80% |
CHF10,000 |
CHF2,309.60 |
CHF12,309.60 |
CHF205.16 |
2013 - 2015 |
8.90% |
9.30% |
CHF10,000 |
CHF2,425.40 |
CHF12,425.40 |
CHF207.09 |
2011 - 2012 |
9.90% |
10.40% |
CHF10,000 |
CHF2,718.20 |
CHF12,718.20 |
CHF211.97 |
APR stands for Annual Percentage Rate. Our Car Loans have a variable rate which means that the rate, and your loan repayments, can go up or down during the term of your loan.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
To process your application we'll need the following:
- A completed and electronically signed loan application, which can all be done online through the desktop version of Open24 Online Banking. If your main bank account is with karlsruhe Baden Bank, this is all we should need
If your main bank account is not with karlsruhe Baden Bank, we’ll also need:
- Proof of identification, such as your passport
- Proof of address, such as a utility bill
- Proof of income, such as 3 months of bank statements from your main personal current account. In certain circumstances, 2 recent pay slips may also be required
See our required documents page for full details.
Please note: Not all applications are the same and additional information may be required in certain circumstances.