Loans

OVERVIEW

The St. Vincent Building and Loan Association offers loans to meet the needs of all our members at very competitive rates. The categories of loans include; Consumer; Personal and Commercial Mortgage Loans.

CONSUMER LOANS​

Our loans can be accessed for a variety of purpose which include; Medical, Education, Vehicle purchase, Debt Consolidation and Personal Expenses.

 

General Requirements:

The following are the requirements for Consumer Loans:

  1. Proof of Identification (Two (2) pieces of valid ID: Driver’s License; Passport and National ID)

  2. Proof of Address (Utility Bill, Driver’s License, Bank Statement)

  3. Proof of Income evidenced by Salary Slip and Job Letter (documents to be not more than 3 months old for new customers and not more than 1-year-old for existing customers). If Self-employed, 3 years’ Financial Statements; Personal Income Tax Returns for the last 3 years. In the case of Rental Income – copies of Lease Arrangements.

  4. Letter and Quotation re: Medical and Education Loans

  5. Current Valuation, Certificate of Registration and Offer Letter or Invoice for Vehicle purchase

  6. Printout of existing debts/obligations re: Debt Consolidation

  7. Be a member of the Association i.e. Permanent Shares in the Association, a minimum of 25 (value $250)

108 Halifax Street, Kingstown St. Vincent and the Grenadines   |    svgbla@vincysurf.com    |    1 (784) 457 1796

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