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Auto/Vehicle Loans

If you’re 18 years or over, you can enjoy the convenience that comes with having your own vehicle with an auto loan from The Bank of Nevis Ltd. We offer a variety of financing options for both new and used vehicles at unbeatable terms and very competitive interest rates. Choose the car loan that’s right for you!


Here’s a list of the items that you should bring with you when you submit your application:
 

 

  • Two forms of photo identification (passport, social security card, driver’s licence or national I.D. card)
  • Job letter confirming the applicant’s salary, date of employment and status of employment and pay slip
  • Signed letter or invoice indicating the cost and description of the vehicle from the vendor or auto dealer
  • Independent valuation for used vehicles.

Security required (at customer’s expense):

  • Bill of Sale / Comprehensive Insurance

Our Terms and Interest Rates at a glance … 

 
 
Vehicle Age
 
 
Input
 
Term
 
Interest Rate
 
 
New - 1 year
 
10%
 
 
6 years
(may consider 7 years for high end vehicles)
 
 
10%
 
 
Between 1 and 2 years
 
20%
 
 
5 years
 
 
10%
 
 
Between 2 and 4 years
 
30%
 
 
4 years
 
 
11%
 
 
Between 4 and 6 years
 
40%
 
 
3 years
 
 
11%
 


Other terms and conditions apply.

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