Rating based on 65 reviews

Car finance offered by Nedbank


Nedbank homepage

Author Nedbank. Screenshot of Nedbank website. [Accessed April 5, 2018]

image of Nedbank

Nedbank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP16

About – Nedbank

In the uncertain economic situation, you require a reliable banking partner who can provide the right products and services for lowering your financial risk and setting your company on the road to success.

We want you to enjoy today while planning for a better tomorrow. For as little as R500 per month you will receive an education policy, tax-free investment, life cover or help to set up a retirement policy.

Vehicle finance solutions

Nedbank Corporate Banking is known for its complete commitment to its customers, for its advanced and comprehensive banking and lending services and for its excellent performance making it the perfect solution for all your corporate financial solutions.

We take you to where you want to be

Our team has an excellent understanding of each of our client's business and the environment in which it operates and is capable of providing the best personal loan solution as quickly and as hassle-free as possible. We specialize in financing, deposits and investment and transactions.

Services – Nedbank

As one of the leaders in the finance industry of South Africa, Nedbank is highly active providing sponsorships for the local community that has a strong social focus.

The first recognition for the bank came over a decade ago when it won the Grand Raptor award in 2001. Through sponsorship, we aim to achieve effective brand strategy alignment, greater ability for meeting business objectives, wider networking, community involvement and broader appeal.

Sponsorships that Nedbank awards

The sponsorship categories are diverse and highly appealing. They range from gold, road running and soccer to sports for people with disabilities. Sponsorship restrictions apply for organizations and activities which are religious, political, non-environmentally friendly, non-sustainable or unethical.

Interest Rate

From 0 %

Repayment Term

0 months

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Summary of Services

  • VEHICLE Loans 
  • CAR Finance 
  • PERSONAL Loans

Nedbank loans will get you into the driving seat of your dream car

The purchase of a vehicle is an important step for any individual or family. It is important to shop around to find the best option and to choose the best finance deal available on the market.

Use this Nedbank car loans review to decide whether this lender has the solution that you require. Nedbank is a well-established financial institution with a long history. It is a reliable provider of vehicle finance for South African citizens and has become a well-trusted household name. The bank offers a wide variety of vehicle financing options that are available for potential car buyers.

No deposit, no problem

Nedbank car loans are available without you needing to supply a deposit. This means that you can get finance of up to 100%. This is a superb benefit which many other lenders do not offer. You do not have to have any savings in order to finance a car.

Loan size ranges from R20 000 to R120 000. The loan amount range is not the widest which you can find in the market, it matches the needs of most vehicle buyers in South Africa. You can acquire sufficient financing to buy a family sedan or a powerful SUV.

The interest rates are highly competitive. They are among the best which you will find in the country. To take advantage of the best deals you will need to have a good credit history this will allow you to qualify for the lowest rates.

Repayment flexibility

Nedbank car loans offer a great level of flexibility and can be customized to suit your requirements. You can repay the loan in 3, 4 or 5 years. A shorter term will help you save on the total amount of interest which you have to pay to the lender, while a longer term will make the monthly payments smaller. You can determine which option would suit you best.

Nedbank is flexible when it comes to the range of vehicles eligible for finance. They can finance vehicles up to 20 years old while competitors will typically not finance vehicles which are older than 10 years. You can obtain finance for a very old or vintage car which you plan to repair and renovate.

Customer Reviews & Testimonials

June 2019

I love my nedbank app it shows you how much you owe on your loan and also helps you to save with your greenbacks I am a very happy customer to have gotten my car loan through them.

Glen S
— Port Elizabeth —

May 2019

I got my car loan and then with a bonus they helped me to get my car insured I have to say I am very happy with Ned bank.

Steph B
— Cape Town —

April 2019

Great service when we went to the branch. I would recommend them to anyone.

Jonathan S
— Johannesburg —

 Contact Details

Cnr Rivonia Rd & Maude St Shop L05, Block I Lower Ground, Sandown, Sandton, Gauteng, 2196, South Africa
Ph: 011 294 7800 / 0860 555 111
Em: NedCorpPropFinance@Nedbank.co.za

 Universal Branch Code

Nedbank’s universal branch code: 198765

 Opening Hours

  • Monday 08:30 – 16:00
  • Tuesday 09:00 – 16:00
  • Wednesday 09:00 – 16:00
  • Thursday 09:00 – 16:00
  • Friday 08:30 – 16:00
  • Saturday 08:30 – 12:00
  • Sunday – Closed

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