Bank of Saint Lucia recognizes that a vehicle is no longer a luxury. Our loans officers can assist with most aspects of financing, including arrangements for vehicle insurance coverage with EC Global Insurance Agency.
Requirements for New Vehicles
- Picture I.D. (2 forms for first time customers)
- Down payment/equity - amount varies generally between 10 - 30%
- Letter from Employer stating length of service
- Salary Slip (latest)
- Valuation from an approved garage
- Comprehensive insurance coverage
- Sale agreement or invoice
Requirements for Used Vehicles
- Picture I.D. (2 forms for first time customers)
- Down payment/equity - amount varies generally between 10 - 30%
- Letter from Employer stating length of service
- Salary Slip (latest)
- Valuation from an approved garage
- Comprehensive insurance coverage
- Sale agreement or invoice
- Proof of ownership
- *The valuation must be done by a certified appraiser as per the list approved by the Insurance Council of Saint Lucia. Your Personal Banking Officer will provide you with a list of approved garages.