• What's included

    • You have ownership of your vehicle.
    • Flexible repayment periods of up to 7 years are available.
    • Settle your loan whenever you wish to without early repayment fees. 
    • Choose between a secured and an unsecured loan.
  • What you need to know

    • Apply for a car loan with Absa even if you currently do not bank with us.
    • Get financing up to Rs5 million at competitive interest rates
    • Our car loans are for new and reconditioned vehicles purchased through authorised car dealers only.
    • 100% financing and no security required (lien or Gage Sans Deplacement).
    • Road tax and vehicle insurances can also be included in your loan amount on your request.
    • The loan amount you qualify for will vary according to your salary and other facilities that you might already have.
  • What to bring when you apply

    Visit your nearest branch with the following documents:
     

    • National identity document, passport or driving licence
    • Utility bill not older than three months
    • Last 3 months’ bank account statements
    • Your latest salary slip (fixed income only)
    • If your earn regular overtime or commissions, 12 latest salary slips and last 3 months' bank statements are required
    • Letter of outstanding balance from other banks/financial institutions (where applicable)
    • Work contract if employed less than a year
    • Quote from the vendor not older than 15 days

     

    All documents are required in their original form. The list of required documents mentioned above is indicative only. The bank may at any time request additional documents or information to process your application(s).

Need more help?

Call our 24/7 Service Centre: 
+230 402 1000

Chat to Abby on WhatsApp: 
+230 5919 0001

Email us:
customer.contact@absa.africa