With a Citizens Bank Personal Loan, borrowers may finance home repairs, purchase household items, pay for education, vacations, medical expenses and more.
Interest Rates
Competitive rates on a reducing balance
Borrower’s Contribution
Borrowers are expected to contribute to the total amount required for the purpose of the loan
Payment Period
A maximum of five (5) years
Collateral/Security For Loan
- A mortgage on property
- Cash in Bank Account
- Cash guarantee
- Shares certificate
- Vehicle Registration
Documents Required
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Valid National Identification Card or Passport or Driver’s License
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Proof of address – Recent utility bill (3 months) or postmarked letter or valid Driver’s License
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Employment letter stating current position, date of employment, salary and other cash benefits
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
If self employed, statement of income and expenses or affidavit of income
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
One passport-size photograph per applicant
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Character references (two minimum)
Sources Of References – Citizens Bank (citizensbankgy.com)
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
TIN Certificate
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Quotation(s) for the intended use of the loan
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Collateral documentation e.g. transport/title/lease and Certificate of Valuation for property (if being used as security for a loan). Vehicle registration certificates or share certificates are also accepted as collateral.
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Evidence of borrower contribution
![Icon-feather-check-square Icon-feather-check-square](https://www.citizensbankgy.com/wp-content/uploads/2023/06/Icon-feather-check-square.png)
Statement from other financial institutions, including Hire Purchase Agreements (If applicable) or loan accounts showing balances and monthly installments payable.
View related fees here: www.citizensbankgy.com/about-us/fee-structure/