At Mutual Life Africa, we understand that owning a reliable vehicle is essential for personal and professional success. Our Vehicle Finance solutions are designed to make purchasing or leasing a vehicle simple and accessible for locals, expats, and foreign nationals living in South Africa, Zimbabwe, Botswana, Namibia, and in qualifying countries.
Exclusively available to policyholders, our financing options help you get behind the wheel without financial stress.
Why Choose Our Vehicle Finance?
Exclusively for Policyholders: Available to holders of an active Life Cover or Universal One Plan.
Use your policy as collateral for financing.
Loan Amount: Finance up to $100,000 (or equivalent in your local currency).
Flexible Terms: Enjoy repayment periods of up to 6 years, customized to your budget.
Affordable Rates: Competitive interest rates tailored to your financial standing.
Inclusive for Expats & Foreign Nationals:
Finance vehicles in your current country of residence or your home country.
New & Pre-Owned Vehicles:
Finance brand-new vehicles or certified pre-owned options.
Convenience with Pre-Approval:
Get pre-approved before shopping for a car, ensuring a hassle-free process.
How It Works
Step 1: Eligibility Check
Ensure you have an active Life Cover or Universal One Plan with up-to-date payments and you must have an active debit order or an automated card payment method.
Step 2: Submit Your Application
Provide your policy number, identification, and details of the vehicle you wish to finance.
Step 3: Loan Assessment
We assess your application based on your policy’s value, payment history, and loan requirements.
Step 4: Approval & Vehicle Purchase
Once approved, the loan amount is disbursed directly to the dealership or vehicle seller.
Step 5: Drive Your Dream Car
Take ownership of your new or pre-owned vehicle and enjoy the freedom it provides.
Policy-Backed Security:
No additional collateral needed—your policy is enough to secure the loan.
Designed for Africa:
Tailored solutions for locals, expats, and foreign nationals living across Africa.
Simplified Process:
Quick approvals, minimal paperwork, and dedicated support every step of the way.
Wide Selection:
Finance vehicles from reputable dealerships or private sellers.
Trusted Partner:
Backed by the financial strength and stability of Ranga Financial Group.
Start your journey today! Contact us to learn more about how Mutual Life Africa can help you finance your next vehicle.