FNB Private Vehicle Finance caters for those who wish to purchase a vehicle through a private deal. This is vehicle finance option from FNB is good as not everyone will always want to buy a vehicle from a dealership. FNB Private Vehicle Finance will allow you to finance a vehicle up to 20 years old. You can finance a vehicle for at least R30 000 after deposit.
FNB Private Vehicle Finance comes with some benefits which include personalised interest rate. You get to choose between fixed or variable interest rate linked to prime. Registration from the buyer is handled by FNB. You are also offered with a network of FNB approved testing stations nationwide.
You get optional value adds with you FNB Private Vehicle Finance. One of the value adds is the retrenchment policy which pays up to 9 monthly instalments when you are involuntarily retrenched and remain unemployed. You also get the option of Deposit Protector which pays back your deposit if the vehicle is stolen or written off. Another add on you can get is the Courtesy Car Policy. This covers for the use of a courtesy car for up to 21 days if your car is stolen, damaged or written off.
Requirements For FNB Private Vehicle Finance
- You must be 18 years or older with driver’s licence
- South African ID book and if you are a foreigner you must have a valid passport and permit with a valid international driving licence
- Proof of income – Latest payslip
- You must be permanently employed
- Earn at least R6,000 and have a clear credit record
- Proof of residence
- Application for registration and licensing of motor vehicle
- Notification of change of ownership
Application for FNB Private Vehicle Finance can be done online. This gives you the convenience of being able to apply from the comfort of your home or office. You can also complete the online call me back form and they will call you back to discuss your application. Another way is to visit your nearest branch or call them using the details below. Premier and Private clients can apply through their banker.
FNB Private Vehicle Finance Contact Details
Website: www.fnb.co.za
Telephone: 0861 113 010