Getting Financial assistance to purchase a car can be overwhelming which is why considering the MFC & Nedbank Car Loan can help you get the car you always wanted.
Nedbank offers a wide variety of Vehicle finance solutions which are for people buying a car from a dealership, from a private seller or if you want to get finance for your current vehicle loan Nedbank can assist you.
Loan Amount and Repayment Term
With a Nedbank and MFC Card Loan you can borrow an amount of up to R300 000 and the repayment term for every loan amount ranges from a minimum of 12 months up to 72 months enough term to satisfy many people’s needs.
MFC & Nedbank Car Loan Requirements
The following eligibility criteria you must meet in order to qualify for the car loan from MFC and Nedbank
- Must be 18 years or older
- Must be a South African citizen
- Must be employed or self-employed
- Earn a minimum of R6500 per month
- Have a good credit score or profile
Documents Required for MFC & Nedbank Car Loan
The following documents will be required when applying for the Nedbank Car Loan or Vehicle Financing
- Valid South African ID or Document (Passport will be needed if not South African citizen)
- Drivers License
- Proof of residence (electricity or water bill)
- Proof of Income (Latest Payslip and Latest 3 months bank statement if not banking with Nedbank or self-employed)
For a more detailed overview of the documents required if you are a person by a car from a dealership, a private seller or changing your current vehicle loan you access this link
How to Apply for a Car Loan
Once you have all documents needed when applying and you feel like you meet the requirements for eligibility mentioned above you can apply for the MFC & Nedbank Car Loan by accessing the Nedbank website you will redirected to the MFC website or just visit the MFC website directly or you can also apply for the credit by visit your nearest Nedbank branch, if you need more information about the Car Loan you can give Nedbank a call or write them an email a consultant will get in touch real quick.
Benefits of MFC & Nedbank Car Loan
- Easy Application Process especially Online
- Get to buy at any dealership you desire
- Loan amount of up to R300 00
- Credit Insurance
- Vehicle Insurance
- Self Service Management
Contact Details
- Phone: 0860 111 159
- Email: clientfeedback@nedbank.co.za
For more credit solutions click here