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 | 0% | 7 years | Negotiable |
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.