Vehicle Loans
Steer your dream in the right direction with a Vehicle Loan from Demerara Bank.
New Vehicles
- Maximum Amount: $10M
- Applicant's Contribution: 10% - 15%
- Repayment Term: 6-8 years
- Competitive Interest Rates
Reconditioned Vehicles (Private Use)
- Maximum Amount: $10M
- Applicant's Contribution: 20%
- Repayment Term: 5 years
- Competitive Interest Rates
Requirements
- Valid Driver's Licence or one form of valid Identification,
- Proof of Address & TIN
- Evidence of Income
- Certificate of Valuation (if applicable)
- Quotation / Agreement of Sale
- Photographs of Vehicle
- Evidence of Contribution
Benefits:
- Low Interest rate
- Minimum contribution of 20%
- Fast Approvals
- No Hidden Fees
Terms & Condition apply