Taxi Finance
Overview
Benefits
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Own a commercial vehicle in a period of up to 60 months. -
Get prime based competitive interest rate. -
Opportunity to create income and wealth. -
Employment creation.
Requirements
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A member of the Taxi Association. -
With valid Operating Licence and Route Permit. -
Be prepared to have an Ithala trabsactional account for Loan Repayment.
Rates & Fees
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Monthly repayments are done through salary deduction by employer -
A once off initiation fee will be charge to the maximum allowed by National Credit Act (NCA) -
A monthly Service fee is also charge as the maximum allowed by the NCA -
The interest rate is prime-linked over the term of the loan
Business
Loan Accounts