Disclaimer: For the duration of Republic Bank’s 2023 Campaign, the repayment terms varies based on product, for example up to 7 years for a new vehicle vs. up to 40 years for mortgage. The periodic interest rate can start as low as 4.5%, and can range up to 10.50%. Actual rates may vary based on repayment terms, loan amount, down payment, creditworthiness, and other terms and conditions. For our loans, the agreed rate of interest is fixed for the tenure.