How do I apply for a Vehicle Loan?

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  • June 02, 2023
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A member need to have the minium share requirement. Loans may be granted for the purpose of new, used or reconditioned vehicles. The following supporting documentation must be submitted by the member when applying for a loan to purchase a vehicle: nSourced locally:n- A sign and dated Sale agreement letter from seller(s)n- Vehicle registration documentn- Valuationn- Insurance quotation (must be comprehensive)nnBeing imported:n- Invoice from the Importer or CIF to Port Kingstown and Customs Chargen- Insurance quotationnN.B. Bill of sight would be needed upon the arrival of the vehicle.