The loan that makes it more affordable to get your own wheels


Easier to meet conditions.

  • Lower Down Payments
  • Extended Term

Requirements

New

  • Pro Forma Invoice from car dealer
  • Minimum 10% down payment / TrailBlazers – 5%
  • Full Comprehensive Insurance
  • Term - 5 years / Trailblazers - Up to 6 years

Locally Used *

  • Agreement of Sale letter from owner or Invoice from car dealer.
  • Up to date certified copy from Licensing Office.
  • Minimum 30% Down Payment / TrailBlazers – 20%
  • Motor vehicle Insurance
    o Full comprehensive
    o Full third party (Fire & Theft) is acceptable in certain cases.
  • Vehicle must not be more then than ten (10) years old
  • Term – 4 years / TrailBlazers - up to 5 years once the age of vehicle does not exceed 4 years
    * Financing is available for most models/brands

Roll-On / Roll-Off*

  • Invoice from an approved car dealer, registered with the Ministry of Trade & Industry
  • Minimum 30% Down Payment TrailBlazers – 20%
  • Motor vehicle Insurance**
    o Full comprehensive
    o Full third party (Fire & Theft) is acceptable in certain cases
  • Vehicle must not be more than four (4) years old
  • Term – 4 years / TrailBlazers - up to 5 years once the age of vehicle does not exceed 4 years.

* Financing is available for most models/brands
** Certain vehicles are not insurable. Please check with your insurance company/broker prior to choosing your vehicle.

Please note the following special conditions for granting vehicle loans:

  • Mortgage Bill of Sale (or Deed of Chattel Mortgage in the case of companies) will be taken over the vehicle
  • Motor vehicle Insurance must be assigned, duly noting the bank’s interest
  • Motor vehicle appraisal from independent valuator may be required

 



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