MOTOR VEHICLE (NEW)
Key Financials
- Interest Rate: 0.83%
- Financing: Up to 100%
- Repayment Period: Maximum 9 years
Requirements
- Job Letter and Salary Slip (Recent)
- Form of ID (Valid)
- Motor Vehicle Pro Forma Invoice
- Insurance Quotation
IMPORTANT NOTES
- Motor vehicle to be held as collateral
- Fully Comprehensive Insurance Coverage is EXPECTED for a minimum of nine (9) years. Quotation MUST be submitted when filling out loan application form.
- Accepted Insurance Companies are – Tatil, Colfire, Sagicor, Guardian and Maritime Insurance.
MOTOR VEHICLE (FORIEGN USED/ ROLL ON ROLL OFF)
Key Financials
- Interest Rate: 0.83%
- Downpayment: 10%
- Repayment Period: 9 years
Requirements
- Job Letter and Salary Slip (Recent)
- Form of ID (Valid)
- Motor Vehicle Pro Forma Invoice
- Insurance Quotation
IMPORTANT NOTES
Cheques will be made payable to the last owner stated on the certified copy. It is recommended that a search be performed on the vehicle.
LOCAL/ PREVIOUSLY USED VEHICLE (OVER 5 YEARS)
Key Financials
- Interest Rate: 0.83%
- Downpayment: 10%
- Repayment Period: 9 years
Requirements
- Job Letter and Salary Slip (Recent)
- Form of ID (Valid)
- Letter of intent or Sale Agreement
- Certified Copy of Ownership
- Copy of Owner’s ID
- Insurance Quotation
- Motor Vehicle valuation report (Motor Critic, Twin Isle, Cariclaims, General Adjustors)
IMPORTANT NOTES
Cheques will be made payable to the last owner stated on the certified copy. It is recommended that a search be performed on the vehicle.