Jamaica Gleaner

JN Bank offers special loans to empower J’cans

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JN BANK is again offering Jamaicans accessible and affordable loan solutions under its Blue Tag Pop-Up Loan Sale.

For the entire month of March, interested persons can benefit from financing at affordable rates with flexible repayment options on JN’s personal unsecured loans and auto loans, as well as the JN Visa Classic and Gold cards.

Under the Blue Tag Pop-Up sale, persons can consolidat­e their loans or access a personal unsecured loan of up to $5 million, with seven years to repay.

Also, when bundled with a lifestyle/personal unsecured loan, an interest rate of 20 per cent will be offered for the first six months on a new JN Bank Visa credit card.

Customers are also able to borrow up to $4 million for a new vehicle, with monthly payments of $56,039.78, and $1.5 million for used vehicles, with payments of $30,955.78. Also, customers can get 100 per cent financing on vehicles up to five years old.

100 PER CENT FINANCING

For those interested in an auto loan, customers can borrow up to 100 per cent financing for new vehicles, with up to 10 years to repay, or 80 per cent for vehicles older than five years.

Additional­ly, persons who access a JN auto loan during the month will benefit from several offers, including one year of free membership from the Jamaica Automobile Associatio­n (customers with comprehens­ive insurance from JNGI and those buying a vehicle from ATL, Magna Motors or the Stewart’s Group, already benefit from this offer) or an ADVANCE Gas Card valued at $5,000.

Saniah Spencer, chief of marketing and product developmen­t, JN Bank, explained that the promotion is positioned to stimulate the current market with its attractive and below-market-rate offers. She noted that Blue Tag is in keeping with JN’s unwavering commitment to cater to the needs of its members.

“One of the most requested options through the Blue Tag sale is debt consolidat­ion. Therefore, persons who are in need of assistance to manage their loans will be able to do so through this promotion,” she stated.

“JN Bank has been able to help Jamaicans to achieve a better and more balanced financial life,” she continued.

Spencer explained that the JN Blue Tag was introduced as a means to create greater opportunit­ies for cost-conscious Jamaicans to improve their lives, whether through consolidat­ing debts, or accessing a personal loan for educationa­l, or other developmen­tal purposes.

“Many persons are interested in improving themselves through education but are concerned about the school fees. Through this Blue Tag sale, those persons will have the opportunit­y to access our affordable loan facility, which they can use to finance their education,” she advised.

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