Taxi Finance

Overview


Ithala Taxi Finance offers clients an opportunity to buy a commercial vehicle through a hire purchase agreement which will be used to ferry passengers and is properly registered with the taxi industry regulatory bodies




Benefits


  • 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


  • 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


  • 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

Other Savings Products

Open an Account 

now!

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Contact Information

Head Office: +27 (0) 31 366 2500  
Call Centre: +27 (0) 80 133 1130
Email: customerservice@ithala.co.za

Lost Cards: +27 (0) 80 133 1130

Ithala SOC Limited is an Authorised Financial Services and Credit Provider FSP License No. 17139 NCRCP No. 1559 Reg No. 2001/007427/30.

Ithala SOC Limited is a wholly-owned subsidiary of Ithala Development Finance Corporation Limited