Nedbank Vehicle Finance
- Vehicle finance up to R200,000
- Low-interest starting from 7.25%
- Repayment up to 60 months
Table of Contents
[Accessed January 30, 2023]
Nedbank Car Finance – Easy credit solutions
Nedbank can provide you with great vehicle finance and amazing services.
They are known for their advanced and comprehensive banking and lending services, as well as their excellent performance and commitment to their customers. They have all the solutions you need from bank accounts to vehicle finance.
It is their mission to create valuable and delightful experiences for their clients and to make sure that it exceeds their expectations.
Why you need vehicle finance
Most people will be unable to pay for their dream car upfront in cash. Vehicle finance simply means a company lends you the money to buy a car.
Basically, you are paying for your new car in monthly instalments instead of paying a big once-off amount. How much finance you can take out will depend on your unique circumstances, the upfront deposit, and your credit score.
Efficient staff and excellent service
They have some of the most capable and experienced staff in South Africa, and they can offer you great rates and terms when you sign up with them.
Their staff is professional and efficient and will give you the highest quality advice and help with the in-branch or online loan process. To remain one of the most beloved leaders in the finance industry is what they are striving for.
You get great rates & flexible terms with Nedbank
As one of the well-known banks, Nedbank is very active in sponsorship marketing with a strong social focus.
The goal is to achieve an effective brand strategy, broader appeal, community involvement, and wider networking.
What’s in it for you
Nedbank offers finance that ranges up to R200,000, and they also offer loans for cars that are as old as 20 years.
You can simply apply for a loan online or visit one of their many branches all over the country if you want a more personal approach. All you need is a stable income to be eligible to apply for a car loan.
Flexible repayment terms
Nedbank has flexible payments on offer, and you can choose the length of your term from 3 to 5 years. With shorter terms, you can save on interest, while longer terms will help you stretch your budget during your repayment period.
The budget calculator
The first step when you buy a car is to find out what suits your budget. Enter your monthly income after taxes on the calculator and subtract your monthly expenses and add additional expenses, if necessary. The remaining balance is an estimate of what you can possibly put toward your monthly finance payment.
Nedbank – Vehicle finance
- Loan Type Vehicle finance
- Interest Rate from 7.25%
- Loan Amount up to R200,000
- Repayment 12 months to 60 months
Benefits of Nedbank
- No deposit car finance
- Leading vehicle finance
Vehicle finance calculator
Nedbank Vehicle Finance – Your ticket to car ownership
The application process is designed to be quick and easy. They will ensure that they get all the information required to process your application as fast as possible.
Vehicle finance is available without a deposit, and you don’t need a savings account to buy a car, although they require you to have a good credit history.
Criteria to apply
- A credit check will be done to make sure you can afford the repayments.
- South African ID.
- A utility bill or proof of address.
- Bank statements or payslips for proof of income.
- You need to be employed full-time or self-employed and earn a stable income.
Documents that are needed for application:
- A copy of the front and back of your valid South African identity card/document.
- A copy of the front and back of your driving licence.
- Proof of address registered in your name not older than 3 months.
- Latest 3 months' stamped bank statements.
Follow these easy steps to apply for vehicle finance
- On the online loan application form fill in your personal details and attach the documents that are required
- They will process your information and supply you with a list of trusted dealers.
- If your application is approved, the finance funds will be available.
- Your vehicle will be delivered.
Benefits Nedbank has to offer when you partner up with them
- Easy and safe online application.
- Loans up to R200,000.
- Funds can be deposited directly into your bank account.
- Passionate staff that is always ready to go the extra mile.
- A simplified and transparent approach.
Nedbank is a trusted & reliable provider of vehicle finance
In our review, Nedbank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.
✅ Nedbank is a registered credit provider in South Africa: NCRCP 16
Customer Reviews & Testimonials
Nedbank Contact
Contact Number
Website
Physical Address
- Cnr Rivonia Rd & Maude St Shop L05, Block I Lower Ground, Sandown Sandton Gauteng 2196 South Africa
- Get Directions
Nedbank Universal Branch Code
- 198765
Opening Hours
- Monday 08:30 – 16:00
- Tuesday 09:00 – 16:00
- Wednesday 09:00 – 16:00
- Thursday 09:00 – 16:00
- Friday 08:30 – 16:00
- Saturday 08:30 – 12:00
- Sunday – Closed