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RBC Royal Bank T&T
RBC Auto Loan
4.5(124 reviews)
RBC secured auto loan. Rate range 8–11% p.a. (midpoint shown). Max TT$500,000 over 7 years.
Interest Rate
9.5%
Loan Range
TT$25,000–TT$500,000
Tenure
24–84 mo
Processing Fee
1%
Features
- New & used vehicles
- Up to 90% financing
- GAP insurance available
- Dealer partnerships
Strengths
- Secured rate (lower than personal)
- No early-repayment penalty
- Up to 7-year term
Trade-Offs
- Vehicle age restrictions
- Comprehensive insurance required
Eligibility
TT resident, valid driver's permit, minimum income TT$6,000/mo
Customer Reviews
Trisha P.
Good but app needs work
Product is great, online portal could be more modern.
Marlon J.
Solid card
Rewards are real and applied automatically. Annual fee is worth it if you spend over TT$3,000/month.
Kerri S.
Helped me buy my first car
Made the process seamless. Dealer partnership saved me time.