Found the car that makes your heart race?

Our Vehicle Asset Finance solution makes owning your car simple, flexible and affordable

Flexible financing options
  • Access up to P2,000,000 in vehicle finance and upgrade your drive
  • Access up to 100% vehicle financing with no deposit required
  • Repayment terms of up to 96 months
  • Used vehicles financed up to 60 months (depending on vehicle age)
  • Approval within 24 hours (subject to complete documentation)
  • Competitive interest rates linked to the Absa Prime Lending Rate
Lower your monthly instalments
  • Choose Residual Finance and reduce your monthly repayments by structuring a lump sum (up to 30%) payable at the end of your loan term
  • Ideal for customers who plan to trade in their vehicle after a few years, prefer lower monthly instalments, and upgrade regularly
Protection for you and your vehicle
  • Credit life insurance 
    • Covers death and permanent disability.
    • Accidental death benefit of P30,000
  • Comprehensive motor insurance
    • Covers theft, hijacking, collision, third-party liability, fire,storm and malicious damage
  • Retrenchment cover 
    • Pays loan instalments for up to 12 months in the event of retrenchment

  • Documents required

    • Original recent Payslip
    • Valid Identity Card / Omang(nationals)
    • For non–citizens; passport, valid work and residence permit
    • Confirmation of employment
    • If new to employment confirmation of employment letter should indicate on-going probation or completion
    • Confirmation of physical address
    • Salary account with Absa Bank or three months bank statements from your current bank
    • Copy of your contract if you are employed on a contract basis
    • Marriage certificate if you are married
    • Spouse consent form (if married in community of property)
    • Form A if married out of community of property
    • Credit life is compulsory

    Additional requirements for Absa Vehicle Asset Finance

    • Valid driver’s license
    • Quotation from an authorized dealer

    Used vehicles applications should be supported by

    • Roadworthiness certificate
    • Valuation report (authorized dealer)
    • Copy of registration document
Need more help?

Call us on:
+2673159575 (Contact centre)
0800 600 444 (BTC Toll Free)
150 (Mascom Toll Free)

Email us:
Botswana.CustomerService@absa.africa