A&N offer customers the opportunity to access our auto loan up to One Million Five Hundred Thousand Dollars ($1,500,000) and up to sixty (60) months/ five (5) years to repay at competitive interest rates. Individuals can access this loan, to finance the purchase of new or used motor vehicles (Once the vehicle is comprehensively insured).
- Benefits
- Features
- Required Internal Documents
- Required External Documents
- Required Motor Vehicle Documents
- Fast approval
- Payment options: Account Debit (NCB and BNS) and Salary Deduction
- Insurance Premium Finance (IPF) available for car loans
- Motor Vehicles up to ten (10) years old
- Low Processing Fee
- Flexible and low payment terms
- Disbursement upon transfer of vehicle
- Individual and joint applications accepted
- Completed Application form
- Signed Verification Authorization
- Signed Salary Deduction Letter/Standing Order form/ NCB E-Link/ Scotia Direct Debit
- Signed consent to pull credit reports from credit bureaus
- Signed Promissory Note
- Letter of Undertaking
- Signed Insurance Endorsement
- Two(2) Valid GOJ identification: driver’s license, passport, voter registration card.
- Proof of address: utility bill, credit card statement, bank statement or letter from a Justice of the Peace (JP).
- Tax Registration Number or driver’s license.
- Proof of income: Last three months’ pay slips, 3-6 months bank statement.
- Proof of employment: Job Letter, Contract, Staff ID (only for other financial Institution and Security Officers).
- Completed statement of affairs: Last three months income and expenditure statement.
- Credit Letter from Company
- Proforma Invoice
- Copy of Title
- Copy of Fitness
- Copy of Registration
- Valuation (Not Older than _ Months)
- Mechanical Report (Vehicles older than three (3) years old)
- Notice of Lien
- Insurance Letter/Cover Note and Receipt
- Consumer Bill of Sale
- Down payment receipt (if applicable)
- Copy of license Sticker (if applicable)