- Features
- Ways to Bank
Features
Annual Interest Rate - New
7% interest rate per annum charged on the reducing balance of the loan for New Vehicles.
Annual Interest Rate - Used
9% interest rate per annum charged on the reducing balance of the loan for Used Vehicles.
Maximum Term
Up to 8 years repayment period for your convenience.
Ready to get started?
Ways to Bank
Visit a Branch
Visit us in person at one of our branches in Bellevue, or Grand Bay.
Bank over the Phone
Speak to an agent from our member services team.
GBCCU Online
Bank securely online. It’s safe, convenient and easy to use.
Conditions
- The vehicle must be insured with full comprehensive coverage (if applicable).
- The Insurance Policy must be assigned to GBCCU Ltd.
Requirements
- Income Statement/Salary slip.
- Proof of employment (job letter).
- Two (2) forms of valid government-issued identification.
- 20% of the loan amount on savings.
- Bill of Sale on vehicles if model is 10 yrs or less.
- Certificate of Title if model is older than 10 yrs.
- Credit Reports from other financial institutions.
- Letter of intent to sell from owner of vehicle and proof of ownership of vehicle.
- Purchase invoice/quote for vehicle if being ordered or purchased from a local company.
- Details of customs clearance duties if vehicle is being ordered.
- Valuation of property if using Certificate of Title.
- Mechanical report of vehicle purchased locally.
Loan Calculator
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