Vehicle finance
In the market for a new or used car? Get the financing you need at a repayment period you choose*.
*Subject to affordability and full credit assessment.
R8 000
Minimum monthly income
R 50 000
Minimum loan amount
Up to 84 months
Repayment term
Personalised
Interest rate
Some of the benefits
Affordable rates
Pay lower monthly instalments with an interest rate that’s tailored to your needs
Balloon payments
Reduce your monthly car instalments by opting for a balloon payment
Flexible terms
Repay your car loan at a stress-free pace that suits your income and lifestyle
Self-service
Manage your repayments and easily request settlement quotes using our Banking App
How it works
- Our vehicle financing allows you to buy a vehicle and repay it over a period that suits you
- The repayment period can range from 12 to 84* months
- Ownership will automatically pass to you once you’ve made your last and final car payment
- Flexible payment options are available
- You can claim for depreciation on your taxable income if the vehicle is for business use e
* If you require a finance term of 84 months, kindly discuss with your Vehicle and Asset Consultant when you receive a call to discuss your finance.
How to get it
1. Apply on the Banking App
- Open your Banking App and tap Explore (top left)
- Scroll down to Loans and select Vehicle
- Tap on Apply Now and follow the prompts
2. Apply online
- Complete your vehicle finance application online – it will only take a few minutes
3. Alternatively, you can call us on 0860 000 000 or visit your nearest branch
What you'll need
- South African ID book / Smart card*
- Valid South African driver’s license
- Latest 3 months’ payslips, or
- Latest 3 months’ bank statements
- Proof of residence not older than 3 months
*You must be over 18 years or older.
Approval is subject to credit checks and Financial Intelligence Centre Act (FICA) requirements.
-
How it works
-
How to get it
-
What you'll need
- Our vehicle financing allows you to buy a vehicle and repay it over a period that suits you
- The repayment period can range from 12 to 84* months
- Ownership will automatically pass to you once you’ve made your last and final car payment
- Flexible payment options are available
- You can claim for depreciation on your taxable income if the vehicle is for business use e
* If you require a finance term of 84 months, kindly discuss with your Vehicle and Asset Consultant when you receive a call to discuss your finance.
1. Apply on the Banking App
- Open your Banking App and tap Explore (top left)
- Scroll down to Loans and select Vehicle
- Tap on Apply Now and follow the prompts
2. Apply online
- Complete your vehicle finance application online – it will only take a few minutes
3. Alternatively, you can call us on 0860 000 000 or visit your nearest branch
- South African ID book / Smart card*
- Valid South African driver’s license
- Latest 3 months’ payslips, or
- Latest 3 months’ bank statements
- Proof of residence not older than 3 months
*You must be over 18 years or older.
Approval is subject to credit checks and Financial Intelligence Centre Act (FICA) requirements.
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Tips for buying a used car
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Life, Car and Home Insurance
What you need to know about car loan protection insurance
A car loan protection insurance policy will cover the debt on your vehicle in the event of your death, disability, development of a dread disease or retrenchment.
We also offer
Car shortfall insurance
Make sure you're covered for the difference between your comprehensive insurance payout and the amount you still owe on your car or motorbike if it's stolen or written off.
Car and asset finance protection plan
Have what’s still owing on your car or motorbike paid off in the event of your death and dread disease.
Car Warranties: Pre-owned & Extended
Benefit from competitive cover and no-fuss claims for repairing your car or replacing parts on the Pre-owned Warranty or Extended Warranty when your manufacturer warranty has expired.