Vehicle Finance

Overview


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




Benefits


  • 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.




Requirements


  • 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