Rating based on 41 reviews

Nedbank Car Finance

  • Compare loan options
  • Low-interest starting from 7.25%
  • Repayment up to 96 months

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Nedbank homepage
Author Nedbank. Screenshot of Nedbank website.
[Accessed January 23, 2023]

About Nedbank

Nedbank is an expert provider of financial services across the country with everything from savings accounts and insurance to vehicle finance and home loans.

When you use the services provided by them you will naturally fulfil your needs and meet your financial goals sooner than you ever thought possible.

They strive to become bigger and better

They strive to be one of South Africa's largest, most popular and most loved credit providers and - they're constantly improving whether it's within the technology sphere or within customer service. They offer unbeatable credit card deals, affordable rates and low interest rates that leave their competitors miles behind.

Nedbank Services

Apart from their fantastic rates and terms - you will find that Nedbank has some of the most capable and experienced staff in the country.

You will always be dealt with in a respectable and efficient manner - with one of their service agents always right behind you to lend a hand when it's needed. If you're looking for vehicle finance Nedbank has some of the most favourable car loans in the country.

Their range of vehicle loans

They offer car loans that range from R20 000 to R200 000 and loans terms that range from 36 to 60 months and they offer loans for the card that are as old as 20 years. With Nedbank, it's easy to apply for a loan online and in-store and all you need is to have a stable monthly income of R5 000 per month or more to be eligible.

Nedbank – Car loan

  • Loan Type Car finance
  • Interest Rate from 7.25%
  • Repayment 12 months to 96 months
  • Decision 48 hours

Benefits of Nedbank

  • No deposit car finance
  • Leading vehicle finance

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

They strive to be one of South Africa's largest, most popular and most loved credit providers

With Nedbank, you can apply for a loan online whether you're a new or existing customer.

Their loan application processes have been designed to make it easy for you to apply as well as to ensure they get all the information they require to quickly make you an offer - one that will be valid and can be used to negotiate with dealers on the purchase price of a car.

Apply in the branch or online with them

For those who need a little more advice on the process of buying a new or used car, they welcome you to visit your nearest Nedbank branch and discuss your needs with a loan manager or consultant. They will be able to take you right through the loan application process as well as offer you valuable information and advice on buying the right car at the right price.

They will help you get the car of your dreams

They make getting a car loan easy with a 10.25 per cent interest rate they have all your needs catered for. They will make sure that the loan you are taking will suit your everyday life. They look out for you and have your best interest at heart offering you a personal loan. If you will need a house loan or even if you need to consult with one of them all you have to do is contact them or find one of their branches and come visit them and they will answer all of your queries.

Getting to know your loan

You can use Their loan calculator to find the perfect loan for you. All you have to do is put the amount in that you would like to loan and the months that you would like to pay your loan back in and they will calculate how much you will be paying per month. Making it easy for you to adjust the amount you would like to loan to the months or years to pay your loan off.

Keeping tabs on their app

They keep up to date with the way technology is changing and that is why they offer you the app for your phone or a tablet so no matter where you are you can always make sure that your accounts are in order

man holding thumbs up

Nedbank is a trusted & reliable provider of car finance

In our review, Nedbank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Nedbank is a registered credit provider in South Africa: NCRCP16

Customer Reviews & Testimonials

November 2018

When I was unsure about if I would qualify for a loan all I did was go to one of the branches and I got the best assistance and was able to find out that I would qualify for a loan. So grateful f...

Christal J
— Port Elizabeth —

March 2019

The best part about Nedbank is that they are everywhere no matter the city you live in and they have the greatest staff working for them, to be greeted with a smile is very reassuring.

Kathy G
— Cape Town —

April 2019

Applied for my loan and got my answer faster than I have ever thought great support from the Nedbank team could not be happier with the service with the bank. They even helped me to download the ...

Paige C
— Johannesburg —

Nedbank Contact

Contact Number


  • not available


Physical Address

  • Gardens Shopping Centre, 22 Upper Mill St, Gardens Centre Cape Town Oranjezicht 8001 South Africa
  • Get Directions

Opening Hours

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