This is a loan product geared towards assisting commercial drivers under a recognised union who do not own vehicles as well as those who would like to increase their fleet of vehicles.
Features
• Comprehensive insurance cover on the car
• Insurance cover in case of death or permanent disability
• Two guarantors or more needed
• Applicants shall contribute at least 30% of loan amount in their account as cash lien/security against the loan
• Car is owned and used by the owner, no third parties
• Have a driver’s license
Benefits
• Become a car owner
• Enjoy flexible repayment terms
• Free business advice
• Car insured comprehensively