New Vehicle Loan

Necessary documents

  • Two (2) Forms of National Identification (ID)(Birth Paper Optional)
  • Recent Payslip (No older than three (3) Months)
  • Recent Utility Bill in the Member’s name or signed authorization letter from the person whose name is on the Utility Bill along with a copy of their ID.
  • Vehicle quotation
  • Fully comprehensive Insurance quote

Maximum value & repayment period

7yrs (84 mths)

Debt service ratio

45%

Interest rate

5.5% per annum/0.458% per month on reducing balance

Ratio

6:1

How much can you borrow? Let's find out.

Step 1

Enter the interest rate

%
Per month on the reducing balance

Step 2

Enter the loan amount

$

Step 3

Enter the repayment period

mths
Your monthly payment

$0.00

Note: Our online calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options.