Vehicle Loans from 1st National Bank
Buying a used car can be a big deal – if you play it smart. At 1st National Bank, we go the extra mile by providing the best financial solutions according to your budget.
Benefits
Affordable monthly instalments
Quick turnaround time
Opportunity to own a vehicle
Terms
10% - 50% down payment
5 year maximum repayment period (depending on age or the model being financed)
25% deposit (minimum) for minibuses, auto rental companies or other commercial vehicles
Requirements
One (1) Piece of Identification e.g. valid Passport, National ID Card or valid Driver’s License
Proof of Address i.e. a Utility Bill, a Credit Card Statement, an existing Bank Account Statement from another financial institution, or an additional piece of Identification bearing the residential address. (These must not be in excess of 3 months old)
Job Letter or Reference Letter (not in excess of 3 months old)
Invoice
Inspection & Evaluation
Down payment