Interest Rates
Competitive interest rate of 18.50% computed on a reducing balance.
Payment Period
A maximum of one (1) year
Collateral/Security For Loan
Assignment of Salary or other income
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
TIN Certificate or Valid Driver’s License with TIN
Quotation(s) for the intended use of the loan
Statement from other financial institutions, including Hire Purchase Agreements (If applicable) or loan accounts showing balances and monthly installments payable
One passport-size photograph per applicant
Character references (two minimum) Sources Of References – Citizens Bank (citizensbankgy.com)
