We are a wholly owned subsidiary of the Absa Group and offer a range of retail, business, wealth management, corporate and investment solutions to customers and clients across South Africa. Our ambition is to sustainably create shared value and play an integral role in our customers’ and clients’ life journey, empowering them to achieve more and to recommend us to family, friends and business associates.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 15 countries across the African continent, as well as offices in the United Kingdom and the United States.
The Group has banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. We also have representative offices in Namibia, Nigeria and the United States, securities entities in the United Kingdom and the United States, as well as a specialised IT office in the Czech Republic.
Flexibility in selection of cars (Locally Manufactured Vehicles)
Facility against brand new as well as used vehicle Facility Amount up to 70% of the
value of the vehicle (Maximum of Rs. 3,000,000 can be availed)
Facility tenure from 1 to 5 Years Co-borrower facility available Comprehensive Takaful
coverage from Reputed Insurance Companies Early settlement option
Required Documents
SALARIED
Copy of CNIC / NICOP / POC 2
recent passport size
photographs
Latest pay slip / salary
certificate from employer
Bank statement for the last 6
months
Duly filled loan application
form BUSINESSMAN AND SELF-EMPLOYED
PROFESSIONAL
Copy of CNIC / NICOP / POC
2 recent passport size
photographs
Bank statement for the last 6
months
Proof of profession or
business Proprietorship letter NTN certificate
Tax Returns of 2 years
PROFESSIONAL DEGREE
VALID MEMBERSHIP OF APPLICABLE PROFESSIONAL BODY (FOR
SEP ONLY)
Duly filled loan application
form Proprietors
Partnership Concerns or
Limited Company Copy of CNIC / NICOP / POC
2 recent passport size
photographs
Declaration of proprietorship
Certified Partnership Deed
Memorandum & Article of
Association
Form A & 29
Company Profile Bank
statement for the last 6 months
Tax Returns and Assessment
Order for the last 2 years
Copy of latest utility bill
Duly filed application form
Eligibility
South Africa Citizenship
Minimum Monthly Net Salary /
Monthly Income Requirement: PKR 80,000 Minimum
Age Requirement: 22 years*
Maximum Age (at loan maturity): 65 years (salaried) and 70 (Self-Employed)
Employment/Business Length:
Minimum 6 Months
Employment (Salaried)* / 1
Year Business (Self-Employed).*
Trailers
Buses
Tractors
Rollers
Cranes
Loaders
Graders
Forklifts
Dozers
Excavators
Boats
Caravans
