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Vehicle and Asset Finance

VAF 2

Our Vehicle & Asset Finance is a renowned leader in the provision of finance for the acquisition of your dream car. We are able to draw on extensive expertise to provide you with ideal solutions.

Some of the benefits

Lease or Buy

Choose to own or return your vehicle on your last payment, or keep your options open

Insured

With our credit facilities, you can access affordable insurance from our trusted insurance partners.

Great rates

Get a personalised interest rates based on your affordability

Flexibility

Choose to repay your loan at a pace that suits your business income.
How to get it
  • A completed application form 
  • Proof of income  
  • A proforma invoice for your car of choice (preferably from a Stanbic bank partner dealer) 
  • Please visit your nearest branch  or email   [email protected] 

 

 

 

What it costs

Terms

  • Minimum lending rate (currently30% per annum) plus margin
  • N.B this pricing is intended as an indicative basis for consideration and should not be construed as a commitment to lend by Stanbic Bank Zimbabwe or as representing a binding commitment as it is subject to applicable market conditions and legal directives
  • Fees up to 4% establishment
  • Deposit/Initial Rental - 20% minimum
  • Tenor up to 36 months and 60 months for approved assets

 

What you get
  • Flexible Payment Terms - with up to 36 months and 60 months for approved assets  
  • Access to competitive interest rates 
  • Access to our comprehensive dealer/partner network to help you find your desired movable assets .
  • You do not need to tie up your funds buying asset
  • Frees cash for other operational needs
  • You enjoy the full use of the leased item
  • You can apply for  short to medium-term finance using the leased asset for security
  • Tax benefits
  • The lease can be structured to make repayments flexible
  • How to get it
  • What it costs
  • What you get
  • A completed application form 
  • Proof of income  
  • A proforma invoice for your car of choice (preferably from a Stanbic bank partner dealer) 
  • Please visit your nearest branch  or email   [email protected] 

 

 

 

Terms

  • Minimum lending rate (currently30% per annum) plus margin
  • N.B this pricing is intended as an indicative basis for consideration and should not be construed as a commitment to lend by Stanbic Bank Zimbabwe or as representing a binding commitment as it is subject to applicable market conditions and legal directives
  • Fees up to 4% establishment
  • Deposit/Initial Rental - 20% minimum
  • Tenor up to 36 months and 60 months for approved assets

 

  • Flexible Payment Terms - with up to 36 months and 60 months for approved assets  
  • Access to competitive interest rates 
  • Access to our comprehensive dealer/partner network to help you find your desired movable assets .
  • You do not need to tie up your funds buying asset
  • Frees cash for other operational needs
  • You enjoy the full use of the leased item
  • You can apply for  short to medium-term finance using the leased asset for security
  • Tax benefits
  • The lease can be structured to make repayments flexible
We also offer
Fixed Term Loan
Unsecured Personal Loan

Easy and convenient facility for you to get financial aid without collateral. Loan charges are based on interest on the monthly outstanding balance.

Overdraft 2
Overdraft

Easy and convenient facility for customers to overdraw their current account for an approved limit for an approved period. The overdraft will charge interest on a monthly basis.