• What you get

     
    • Get up to 90% of the value of your car from the bank.
    • Maximum repayment period is 5 years.
    • The car belongs to you after you have paid it off.
    • Car insurance is available at the best price in the market.
  • What you need to know

     
    • Second-hand vehicles up to 5 years old can be financed.
    • You have to earn a minimum wage of 10,000MT per month.
    • The monthly repayment amount is deducted from your salary.
    • The variable interest rate is linked to the prime system finance rate.
  • What to bring when you apply

     
    • National ID card
    • Proof of residence
    • Proof of income
    • Last 3 months’ bank statements
    • Confirmation of employment
    • An active Absa current account
    • Latest salary statement
    • Proforma invoice from an authorised car dealer
    • A completed application form


    *All documents are required in their original form. The list of required documents mentioned above is indicative only. The bank may at any time request additional documents or information to process your application(s).

  • Let us contact you to apply




You might also be interested in
Current Accounts

Get 24/7 control over your everyday banking, and use our digital banking platforms to access your account wherever you are

Tell me more

Savings Accounts

Give your savings a real boost by taking up one of our interest-bearing savings accounts.

Tell me more

Credit cards

Open the door to many rewards and benefits with a Visa credit card from Absa.

Tell me more

Insure

Protect your and your family’s future with a range of financial protection products.

Tell me more

Need more help?

  Switchboard: +258 21 344 400