Nedbank Vehicle Financing: Exclusive Terms and Benefits
Explore the diverse vehicle financing options offered by Nedbank, designed to assist both new and used car buyers with flexible terms that accommodate your financial needs.
Explore the options we offer:
Required Documents How to Apply for FinancingWhat Vehicles Can You Finance?
- ✔️ Light vehicles – new or used, including Nedbank's certified pre-owned options.
- ✔️ Heavy vehicles - suitable for both personal and commercial use.
- ✔️ Electric vehicles, reflecting Nedbank's commitment to sustainability.
Finance Simulation for a Popular Vehicle
Example of financing a Toyota Corolla, one of the popular models:
- ✔️ Vehicle price: R330,000
- ✔️ Down payment: R50,000
- ✔️ Amount financed: R280,000
- ✔️ Term: 60 months
- ✔️ Interest rate: 7.5% annually
- ✔️ Approximate monthly installment: R5,600
Documents Required for Vehicle Financing at Nedbank
- ✔️ Valid Identification Document.
- ✔️ Recent Proof of Income.
- ✔️ Current Proof of Residence.
Application Process for Financing
The application process is straightforward and transparent. You can start your application online, using our financing calculator to estimate your installments, and complete your application at a branch with the help of our financial experts.
More Details on Vehicle Financing