About Auto Loan

We offer an auto loan on brand new cars. The Credit Union finances cars up to 7 years old additionally persons who acquire auto loans from the JTA Co-op Credit Union are pre-approved for a Premium Finance Loan to cover car insurance needs.

With our Auto Loan package you can get:

  • Up to $10M to purchase a new or used vehicle up to 7 years old
  • Up to 96 months to repay
  • 100% financing for vehicles up to 5 years old
  • Free loan protection insurance for loans of up to $6M
  • Low processing fees

Invoice for motor vehicle bearing engine and chassis number

After 3 months of continuous savings, you could qualify for the JTA Credit Union Auto Loan! In addition you’ll need:

  • 10% of loan amount already saved in shares
  • Last 2 pay slips
  • Valid photo ID
  • Proforma invoice for motor vehicle bearing its engine and chassis numbers
  • Valuation report
  • Import Entry (if purchased from a dealer)
  • Signed sales agreement (if being purchased from an individual)
  • The required deposit
  • Letter of intent from the insurance company

Approved concession letter (where applicable)

Drive away confidently in your new car with the JTA Co-op Credit Union Auto Loan package.

Apply for loan

Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Car Loan

Borrow-Loan Company offers new car loan at fair interest rates and adjustable repayment terms.Fast sanction, personalised service and absolute transparency in new car loans.

New Car Loan

Borrow-Loan Company offers new car loan at fair interest rates and adjustable repayment terms.Fast sanction, personalised service and absolute transparency in new car loans.

Loan Against Car

With no income documents required, getting a loan couldn’t get any easier. Borrow-Loan Company offers you car loan at basic interest rates and flexible EMI for repayment.

Other Loan

Borrow-Loan Company also grant different loans like Home loan, Personal loan and Educate loan at fair rate of interest and flexible EMI. For more detail you can check our loan products.

Get financing for whatever you need now

Enquire Now

Features of Car Loan

All loans are not created equal, personal loan has become a great option for people to use.

Cash Loan Facility

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Special Preapproved Loan

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No Varifactions

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150% Funding on Loan

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Car Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Rs 15,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

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Get a Quote

Now apply for a Car Loan online, All you need to do is provide your details below application form.




We are a member owned financial organization that serves teachers and other workers in the education sector who are members of the Jamaica Teachers’ Association. Since our establishment we have worked hard to ensure that our members are able to ‘BE THEIR BEST’.

97a Church Street, Kingston 1(876)922-2009