Get your loan quick and conveniently,
when you apply using our ONE JN Passport App Google Play, IOs App or via website. Watch this video to find out more
Unsecured Loan
Features
- Borrow up to $5 million *conditions apply
- Get up to 5 – 7 years to repay
- Competitive interest rates
- Low processing fee
- Quick turnaround time
Benefits
- Access funds for any legitimate purpose
- Discounts from over 200 merchants with your JN Card
- Access to online banking using JN LIVE
- Free transactions at JN ATMs
How do you Qualify for an Unsecured Loan?
Benefits of getting an unsecured loan from JN Bank
Requirements
- You must be a Jamaican 18 years or older
- Valid identification: driver’s licence, passport, voter registration card
- Proof of address: utility bill, credit card statement or bank statement
- Tax Registration Number
- Proof of income: income verification letter (job letter), or completed JN Bank income verification form and last three months’ pay slips
- Completed statement of affairs – income and expenditure statement
- Signed loan agreement
- Signed Salary Deduction Letter/Standing Order form
- Signed consent to pull credit reports from credit bureaus
- Signed Promissory Note
- Bank statements for primary account displaying last 12 months activity, current Financial Statements if available, and Auditor’s Confirmation (Self-employed persons only)
- Completed Know Your Customer form (if your JN member records need updating)
Terms and Conditions
The JN Bank Personal Unsecured Loan can be used for any legitimate purpose.
Loan repayments are to be made only by way of salary deductions, or standing orders from an account to which the borrower’s income is deposited. Loan repayment is calculated on the reducing balance.
For the JN/ATL Partnership, JN Bank and Appliance Traders Limited (ATL) are not in a principal and agent relationship and therefore persons applying for the JN Bank Personal Unsecured Loan must meet all relevant requirements in order to qualify for the loan being sought.
