First Caribbean International Bank Jamaica LimitedPrivate Passenger Vehicle Loan Financing Ploicy Vehicle Year Interest RateRatio FinancedRatio Deposit Maximum Term
Interest RateRatio FinancedRatio Deposit Maximum Term New Over $2M 18% 90% 10% 84 months
18% 90% 10% 84 months New Under $2M 18.25% 90% 10% 72 months
18.25% 90% 10% 72 months 2006 18.75 90% 10% 60 months
18.75 90% 10% 60 months 2005 18.75% 90% 10% 60 months
90% 10% 60 months 2004 19.25% 85% 15% 48 months
15% 48 months 2003 19.25% 80% 20% 48 months
19.25% 80% 20% 48 months 2002 19.75% 65% 35% 36 monthsDocuments Required From Propective Borrowers
SALARIED EMPLOYEE
(1) Employment And income verification letter from employer
(2) Last 3 salary Slips
(3) Copy of Drivers License and TRN
(4) ProForma Invoice From JAPAN AUTO AGENT
(5) Evidence of portion of cost for vehicle
(6) Evidence that funds are available for comprehensive insurance for at least 6 months
(7) Valuation Report
(8) Copy of last six months bank statement or saving book
SELF EMPLOYED PERSON
(1) Financial Statement for the last 3 years
(2) Copy of Last six months bank statement or saving book
(3) Copy of Drivers License and TRN number
(4) Pro forma invoice from JAPAN AUTO AGENT
(5) Evidence of portion of cost for vehicle
(6)Evidence that funds are available for comprehensive insurance for at least 6 months
(7) Valuation Report
(8) Credit Report
