Citizens Bank yesterday launched its ‘Borrow Smart Buy Smart’ promotion to enable customers to purchase a vehicle with the bank’s help.
The event was held at the Citizens Bank car park on Camp Street and South Road, where vehicles from various auto dealers were on display to the public. The event was an effort to link persons interested in buying a vehicle with auto dealerships.
Some of the auto dealers that were present at the event were Beharry Automotive Limited, Jailing, Yokohama Trading and Trans Pacific Motor Sales and Auto Sales Incorporated. Representatives of the Hand-in-Hand Insurance Company were also present.
According to the Marketing Officer of Citizens Bank Mikael McKenzie, the promotion officially starts on April 8th and ends on June 7th. The launch, he said, is basically to allow persons to view the various vehicles on display, see what they like, and if they are interested in a specific model of car, they can speak to the representatives of the auto-dealership, before heading to one of the bank’s loan officers, who will assist them by explaining the process to access a loan.
He added that a valid ID or passport and proof of income and address are the only requirements for the loan. However, a character reference is also required for a first time borrower.
A man who decided to purchase a car at the event, happily commented, “It’s a wonderful deal,” as he filled out a form to obtain a quotation for the car he wanted.
