Lending Services

 At the Bank of St Vincent & the Grenadines Ltd, our aim to provide superior and professional financial products and services to our customers. We also strive to offer the best interest rates on loans while maintaining our service charges among the lowest in the financial services industry.   Our goal is to provide innovative products and services designed to meet the ever changing financial needs of our customers.

 

Whatever your borrowing needs, our Retail and Commercial Lending Department would be pleased to offer you a loan to:

 

  • Buy a vehicle 
  • Take a vacation 
  • Consolidate credit facilities  
  • Purchase Land 
  • Buy or Renovate property 
  • Enhance your business ventures 

 

Features:
 

 

Loan Requirements:

 
Consumer Loans
  • Recent Job letter/Self Employed -Registration & Financial Statements or book-keeping records
  • Most recent salary slip
  • ID Card and passport
  • Utility Bill (proof of address)
  • Documentation regarding the purpose of loan
  • Supporting Documentation of Outstanding debts/loans owing at other Institutions
 
 
Property Purchase
  • Recent Job letter/Self Employed - Registration & Financial Statements or book-keeping records
  • Most recent Salary Slip
  • ID card and Passport
  • Utility Bill (Proof of address)
  • Copy of Deed
  • Offer Letter from Vendor
  • Copy of Surveyor’s Plan
  • Input Requirement
  • Valuation (Bank’s Request)
  • Supporting Documents of Outstanding debts/loans owing at other Institutions
 
Land Purchase
  • Recent job letter/Self employed -Registration & Financial Statements or book-keeping records
  • Most recent Salary Slip
  • ID Card and passport
  • Utility Bill (proof of address)
  • Copy of Deed
  • Copy of Surveyor’s Plan
  • Offer letter from vendor
  • Valuation (at Bank’s request)
  • Supporting Documentation of Outstanding debts/loans owing at other institutions
 
House Construction
  • Recent job letter/Self Employed – Registration & Financial Statements or book-keeping records
  • Most recent salary slip
  • ID card & Passport
  • Utility Bill (proof of address)
  • Copy of Deed
  • Copy of Surveyor’s Plan
  • Approved Plans (from the planning Division)
  • Detailed Estimate (from Builder or contractor)
  • Valuation (at Bank’s request)
  • Building Agreement (To be signed by Builder/Contractor)
  • Supporting Documentation of outstanding debts/loans owing to other institutions
 
 
Motor Vehicle Purchase
  • Recent job letter/ self employed- Registration & Financial statements or book keeping records
  • Most recent salary slip
  • ID Card & passport
  • Utility Bill (proof of address)
  • Offer Letter from vendor/Invoice
  • Valuation on Vehicle (Joyette’s Auto/Auto Care
  • Insurance Quote of cost to insure Vehicle (Comprehensive )
  • Input requirement
  • Copy of Registration
  • Supporting Documentation of outstanding debts/loans owing to other institutions

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