Vehicle Loan
Loans to Purchase Motor Vehicles.
Members will be granted loans for the purchase of Motor Vehicles under the
following condition:
a) The applicant shall be a member of the Credit Union for at least one (1) year;
b) Motor Vehicles must be insured with fully comprehensive coverage in the name
of THAWE Credit Union Co-operative Society Limited.
c) Security
- Job Letter
- Pay slip
- 1 Form of Identification
- Utility Bill: "If the utility bill is not under your name, kindly collect an authorization form at our office. This form must be completed and signed by the account holder, granting permission for the applying member to proceed.
- Quotations from Dealership/Agreement for sale
- Financial Statement
d) The repayment period shall be four (4) years for new vehicles, three (3) years for foreign used and two (2) years for second hand vehicles
