The key will be in your hands
Explore car loans from Bank of Baroda
Vehicle Loan
The Vehicle loan facility is designed for salaried individuals and self employed persons who would like to purchase a new/ reconditioned or second hand vehicle at very attractive rates.
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New/ Reconditioned Vehicles
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Second Hand Vehicles
Documents Required
- Application Form
- ID/ Passport
- Proof of Address
- Payslip & Job Letter (Most Recent)
- Tin Certificate
- 2 Passport sized photographs
- Statement of other savings account (If any)
- Quotation for New/ Reconditioned Vehicle
(Additional information may be required upon bank’s request)
The bank allows a maximum of G$1,500,000 for the purchase of second hand vehicles. These vehicles should not be registered in Guyana for more than three (3) years.
Customers are required to finance 30% of the cost of the vehicle and the bank will finance 70%.
Documents Required
- Application Form
- ID/ Passport
- Proof of Address
- Payslip & Job Letter (Most Recent)
- Tin Certificate
- 2 Passport sized photographs
- Statement of other savings account (If any)
- Valuation & Agreement of sale for Vehicle
(Additional information may be required upon bank’s request)
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