African is one of the leading brands in South Africa to a variety of banking products to your customers. This includes a range of backgrounds, as well as credit cards and personal loans. They now also offer African Bank car finance which is a tailor make a good solution to help you finance your car.

African bank vehicle finance is available for purchases up to 240,000 as at selected approved African bank dealers nationwide. They also offer flexible repayment periods of up to 24 months with a fixed monthly instalments. What’s more is that you don’t need any deposit.

To apply for vehicle finance. You will need the following:

  • valid ID document and driver’s license
  • your latest payslip
  • your latest three month bank statements
  • proof of residence

This vehicle finance solution is tailor-made for many South Africans that fall within the lower and middle income groups to allow them to afford purchasing brand-new motor vehicles. African Bank has years of experience in the field of vehicle finance and they will make sure that you get the best deal possible.

With this offer you are able to apply for vehicle finance of up to R240,000 and this will go a long way to helping you buy your dream car. With flexible repayment periods and fixed monthly repayments. You can easily budget for this and ensure that you can repay the loan comfortably.

In some cases the interest rate on this loan can be slightly higher than what you will get it under banks but they offer a solution for specific income group to allow them to purchase a vehicle that would otherwise not have been possible. This is also an unsecured loan and this naturally attracts a higher interest rate as there are no security offered against the loan.

For more information visit the African Bank website directly at www.africanbank.co.za or call them on 0861 000 351.