In keeping with its motto “Come Grow With Us,” Demerara Bank Limited is set to launch the company’s first ever “Drive for Life promotion” at the bank’s Diamond branch.
Kaieteur News understands that the promotion will be simultaneously ongoing at all six branches from today and is slated to come to an end on June 30.
Just for the duration of this promotion, the bank will be offering reduced interest rates; an increased lending ceiling—from $3M to $4M—and reduced processing fees.
Organizers say that applicants will enjoy a “fast and easy” processing period which will be less than two weeks.
This publication understands that all “major” car dealing companies are on board with the promotion and in excess of 40 cars (different models) will be on display today.
Auto dealers on board will be offering free rims and other accessories as well as huge discounts on the desired vehicles.
Organizers have also disclosed that all most insurance companies in Guyana are on board as well and will be offering 20 per cent discount.
One successful applicant will win the grand prize of $500,000.