Nedbank - the best car financing solutions
In certain economic situations, you need a reliable banking partner who will respect your needs. At Nedbank, we can provide you with the right products and services and set you up for success by lowering your financial risk.
At Nedbank Corporate Banking, we are known for our advanced and comprehensive banking and lending services, as well as our excellent performance and commitment to our customers. From vehicle loans to bank accounts we have solutions to suit everyone.
Bigger and better finance
We aspire to be one of South Africa’s largest and most loved credit providers. Our team has an excellent understanding of our clients’ business and is capable of providing you with the best personal loan solutions, as simply and quickly as possible.
We offer the best deals on financing
We offer unbeatable credit card deals at affordable rates and at a low interest. We specialize in financing, transactions, deposits and investments.
You get great rates and terms with Nedbank
At Nedbank, we have some of the most capable and experienced staff in South Africa, and we can offer you great rates and terms when you sign up with us.
Our consultants are trained to give you the highest quality advice and help with your in-branch or online loan process. We strive to remain as one of South Africa’s most beloved lenders.
Efficient service agents ready to help you
At Nedbank, our staff is perpetually friendly, professional and efficient and our service agents are always there to lend a hand or to give needed advice. As one of the leaders in the finance industry, Nedbank is very active in sponsorship marketing with a strong social focus. The goal is to achieve effective brand strategy, broader appeal, community involvement and wider networking.
What’s in it for you?
At Nedbank, we can offer car loans that range from R20, 000 to R200, 000, with loan terms ranging from 36 to 60 months. We can also offer loans for cars that are as old as 20 years. It’s easy to apply for a loan online, or simply visit one of our many branches all over South Africa if you prefer. All you need is a stable income of R5000 per month or more, to be eligible to apply for a car loan.
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’s car loans are your ticket to car ownership
You can apply for a loan whether you are a new or existing client.
Research is important when choosing vehicle finance or loan term, and advice can be very helpful if you are having trouble choosing a lender or vehicle. You also need to decide how much you can afford every month.
Quick and easy application process
Our application process is designed to be quick and easy and to ensure that we get all the information we require to process your application as quickly as possible. If you need more advice on the process of buying a new or used car, please visit one of our branches and speak to one of our friendly loan managers or consultants. They can advise you on the processes as well as advice on buying the right car for you, at the right price.
Our loans are available without a deposit, and you don’t need a savings account in order to buy a car. The interest rates are among the best you will find in South Africa, although you still need to have a healthy credit history in order to qualify for a loan.
At Nedbank, we have flexible payments on offer and you can choose the length of your term from 3 to 5 years. With shorter terms, you save on interest, while longer terms will help you stretch your budget during the period you are paying off your new vehicle.
Why you should opt for Nedbank car finance
Not only do we offer online loan applications, you can also apply in-store. We have a secured loan option and allow for early repayment if you are in a position to do so. Our loan minimum is R 20,000 with a maximum of R200,000. These amounts can be paid over a term of 36 months to 60 months. Our processing time on your submitted application is approximately 48 hours.
Eligibility & Requirements
We’ll perform a credit check to ensure you have a good credit history. The documents you’ll need to have include; a valid identity document, a utility bill or other (proof of address) and bank statements or pay slips (proof of income). You need to be employed full-time or self-employed and earning a stable income.
Nedbank is a trusted & reliable provider of vehicle finance
In our review, Nedbank adheres to the compliance criteria in accordance with NCA regulations, where the granting the loan will not cause financial distress to the consumer.
Nedbank is a registered credit provider in South Africa: NCRCP16
Customer Reviews & Testimonials
Nedbank helped me buy a fleet of new vehicles when I opened my courier company. They financed the entire fleet and gave me a great deal on repaying the loan over an easy instalment plan. I was ab...
— Cape Town —
- Cnr Rivonia Rd & Maude St Shop L05, Block I Lower Ground, Sandown Sandton Gauteng 2196 South Africa
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Nedbank Universal Branch Code
- 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