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

  • Valid National Identification Card or Passport or Driver’s License
  • Proof of address – Recent utility bill (3 months) or postmarked letter or valid Driver’s License
  • Employment letter stating current position, date of employment, salary and other cash benefits
  • If self employed, statement of income and expenses or affidavit of income
  • One passport-size photograph per applicant
  • Character references (two minimum) Sources Of References – Citizens Bank (citizensbankgy.com)
  • TIN Certificate
  • Quotation(s) for the intended use of the loan
  • 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.
  • Evidence of borrower contribution
  • 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/