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
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