Do you want to purchase a car but don’t have enough money, Standard Bank Vehicle Loan can help you get the car you always wanted and applying for a Vehicle Loan at Standard is very easy and affordable.
With a Standard Bank Vehicle Loan, you can borrow an amount starting from R50 000 and the maximum amount can be determined by the condition of the vehicle, which can be the age of the vehicle or mileage. The repayment period for Standard Bank Vehicle Loans ranges from 12 months up to 80 months.
Standard Bank Vehicle Loan Requirements
The following are the eligibility requirements for Standard Bank Vehicle Loans and you must meet them in order to qualify
- Must be South African
- Must be 18 years or older
- Must be employed or self-employed
- Must earn at least a minimum of R8000 per month
- Valid Details of the Vehicle you desire
- Have a good credit profile
Documents Required for Standard Bank Vehicle Loan
The following documents are required for transparency when applying for Vehicle Finance from Standard Bank
- South African ID card or document (If not South African passport will be required)
- Drivers License
- Proof of residence (i.e. Utility Bill)
- Proof of Income (Recent Payslip or Recent 3 months bank statement if not banking with Standard Bank)
How to Apply for the Vehicle Loan
When you have familiarized yourself with the requirements and documents required you apply for the Standard Bank Vehicle Loans using the following platforms
- You can apply on the Standard Bank website
- If you prefer doing things in person you apply at your nearest branch
- You can also apply on the Standard Bank App
- Or request a callback
The application process for the Standard Bank Vehicle Loans only takes a maximum of 15 minutes and once you are approved your money will be in your account within 48 hours.
Benefits of Standard Bank Vehicle Loan
- Personalized Interest rates
- Balloon Payment
- Flexible Repayment Terms
- Credit Insurance
- Self Service on the app
Contact Details
- Phone: 0860 000 000
- Email: information@standardbank.co.za
