A vehicle Loan from the Hand-In-Hand Trust can help you realise your dream of acquiring a vehicle of your own.
Type of Vehicle Amount of Financing Offered
New Vehicles – 80% of purchase price up to G$15,000,000
Used/ Reconditioned (Under 7 Years) – 80% of purchase price up to G$10,000,000
Used/ Reconditioned (Over 7 Years; 2001) – 75% of purchase price up to G$5,000,000
Vehicle financing is not provided for vehicles that will be used to provide taxi services nor minibus services.
Comprehensive Vehicle insurance coverage is required by all successful applicants.
– A vehicle valued at $2,000,000 attracts an annual premium of approximately $170,000.
– A vehicle valued at $1,000,000 attracts an annual premium of approximately $85,000.
Summary of Eligibility Requirements:
- Job Letter
- Quotation/Agreement of Sale
- Identification (Passport/National I.D. Card)
- Proof of Address
- Income/Salary Assignment
- Assignment of Comprehensive Vehicle Insurance
Additionally, if you are self-employed we require:
- Business Registration/Certificate of Incorporation
- Audited Financial Statements for the last three (3) years
- Two (2) References
Rates are subject to change without notice.