• One form of identification i.e. either Driver’s License, National ID or Passport
  • Taxpayer Registration Number (TRN)
  • Current job letter and last months’ pay slips. Self-employed individuals must provide financial statements for the last 3 years
  • Recent Utility Bill
  • Pro-forma Invoice from the Car Dealer
  • Copy of Certificate of Fitness
  • Duty Concession Letter (where applicable) plus Trade Board permission to use the vehicle as security
  • Import Entry Form


Commitment fee: 2.75% + GCT of loan amount

Additional Product Details

features and benefits

  • For the purchase of any new vehicle for private use
  • Up to 100% financing
  • Up to 10 years to repay
  • Competitive interest rate
  • ICWI discounts for new and used vehicles
  • Collateral Required – Registered Mortgage Bill of Sale over asset; full comprehensive Auto Insurance with Mortgage Clause attached

Click here to view the full requirements for opening a Sagicor bank account.