Online Banking
Loan Product
Motor Vehicle Package Loan
See it, want it; you can get it with our motor vehicle loan package. We finance motor vehicle from 0-10 years old at competitive interest rates.
Download Application Form
| Details | |
|---|---|
| Loan Amount | Up to $7.5M |
| Commitment Fee | As per credit policy |
| Compulsory Savings | As per credit policy |
| Loan Term | |
| New - 1 yr old vehicles | Up to 10 years |
| 2 - 3 yr old vehicles | Up to 7 years |
| 4 - 5 yr old vehicles | Up to 6 years |
| 6 - 7 yr old vehicles | Up to 5 years |
| Interest Rate | |
| New - 1 yr old vehicles | 7.5% per annum |
| 2 - 3 yr old vehicles | 9.5% per annum |
| 4 - 5 yr old vehicles | 9.5% per annum |
| 6 - 7 yr old vehicles | 9.75 - 10% per annum |
| Share Requirement | |
| New - 1 yr old vehicles | 2% of loan amount |
| 2 - 3 yr old vehicles | 3 - 5% of loan amount |
| 4 - 5 yr old vehicles | 6 - 7% of loan amount |
| 6 - 7 yr old vehicles | 8 - 10% of loan amount |
| Security | The motor vehicle |
|---|---|
| Conditions | The vehicle must be registered for personal use The manufacture year of the vehicle is counted as year 0 |
Ready to Remove the Uncertainty Out of Your Loan Payments?
Use this simple calculator to get an estimate of the payment for a loan over a period of time.
Launch Calculator
How to Apply
As an existing member, download the application form and submit to our office.
9 Hilcrest Avenue, Kingston 6
Open Monday to Friday 8:30 am to 2:00 pm
Tel: (876) 968-2317-20
Download Application Form
Not a member? Apply Online Or Contact Us