Vehicle Finance


Ithala Vehicle and Asset Finance offers clients an opportunity to buy a light commercial vehicle and passage vehicle through a hire purchase agreement.


  • Own a vehicle in a period of up to 72 months.
  • Get prime based competitive interest rate.
  • Finance of new and second hand vehicles.
  • Get vehicle of your chooce within your affordability.


  • Permanently employed South African citizens
  • Employed by Public Sector or State Owned Entities.

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

Other Savings Products

Open an Account 


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Contact Information

Head Office: +27 (0) 31 366 2500  
Call Centre: +27 (0) 80 133 1130

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