Republic Bank Limited
Personal Commercial Corporate
Everyday Banking | Borrow | Invest
Personal Banking
 
Republic Bank Loans

Car Loans

Republic has the Car Loan that's just right for you. Here are the applicable conditions for your loan.

New car loans
Republic Bank will generally lend up to 90% of the On the Road Price.

Used Vehicles
The amount of this loan is generally dependent on the age of the vehicle.

  1. If the vehicle is 4 years old or less, we ill finance up to 70% of the cost or market value of the vehicle whichever is lower.
  2. If the vehicle is more than 4 years old, we will finance a maximum of 50% of the cost or market value of the vehicle, whichever is lower.

Roll-On/Roll-Off Vehicles

  1. We will finance a maximum of 70% of the cost of a roll-On/Roll-Off vehicle purchased from one of our Preferred Dealers
  2. We will finance a maximum of 50% for vehicles purchased from any dealer outside of this list.