Entry Conditions

• Restricted for personal purposes only.
• Applicant must be over 21 years
• Vehicle must not be more than 10 years old.
• Minimum loan is $5,000
• Maximum available is 75% for vehicle less than 3 years and 55% for vehicles more than 3 years but less than 10 years
• Contribution required from the customer is 25% of the cost if the vehicle is less than 3 years and 45% contribution if the vehicle is more than 3 years.
• Maximum loan available is 80% if secured by Bill of Sale and 100% if adequate security is available.

Security

• Main Security required include: First registered bill of sale over the motor vehicle to be purchased
• Mortgage over real estate
• Motor vehicle insurance cover with Banks interest noted thereon.
• Select your own Personal Identification Number (PIN) and make it easy to remember.