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For the duration of Republic Bank’s 2021 Loan Campaign, the minimum period of repayment for loans is one year and the maximum period of repayment is 7 years. The periodic interest rate ranges from 3.99% to 11.25%, with a maximum APR offered of 11.25%. For reference, a $250k loan with 100% financing repayable over a 7-year period, the monthly installment could range from $3,416.05 to $4,313.54.
For the duration of Republic Bank’s 2021 Loan Campaign, the minimum period of repayment for loans is 7 years and the maximum period of repayment is 30 years. The periodic interest rate ranges from 4.5% to 5.75%, with a maximum APR offered of 5.75%. For reference, a $250k loan with 100% financing repayable over a 7-year period, the monthly installment could range from $3,475.04 to $3,622.25.
Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. Republic Bank does not offer variable rate personal loans. Country restrictions may apply. For our loans the agreed rate of interest is fixed for the tenure, however for mortgages the rate is variable.
Republic Bank
9-17 Park Street,
Port of Spain,
Trinidad, West Indies.
Contact us: 1-868-625-4411
