Key benefits
Up to 100% financing of the cost of the vehicle, including additional expenses such as Road Tax and VAT
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Financing available up to Rs15,000,000* |
Flexible repayment periods of up to 10 years
Unsecured loan and secured loan available (lien or Gage Sans Deplacement)
Non-Absa customers are also eligible to apply
Available for new and reconditioned vehicles purchased through authorised car dealers
Discounted rates on secured loans and mortgages and up to 100% financing on mortgages
Requirements
Proof of ID i.e. national identity card, valid passport
Latest payslip (in case you receive variable income, e.g. monthly commissions, then we shall need your 12 months’ payslips)
Utility bill (no older than three months) that is in your name
Birth or marriage certificate (where applicable)
Last 3 months' bank statement, where your salary is being credited
If you have been with your current employer 6 months or less, letter confirming permanent employment.
Contract of employment if you are working under contract
Pro forma invoice/quotation from car dealer
