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
  • If self employed, statement of income and expenses or affidavit of income
  • 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)