VEHICLE AND ASSET FINANCE

Zanaco offers finance leases to its retail customers for purposes of acquiring motor vehicles, agricultural tractors and implements, or other easily identifiable movable assets. Financing is available for both brand new and pre-owned vehicles.

Visit your nearest branch, reach out to your Relationship Manager or email our Vehicle and Asset Financing team directly.

Brand new motor vehicles /assets
Second hand assets of not more than 5 years from date of manufacture
Grey import vehicles of not more than 10 years from year of manufacture, only for personal use

Deposit Requirements
- Up to 100% financing for brand new personal use passenger vehicles
- Up to 80% financing for pre-owned/second hand vehicles, and other types of movable assets

Assets to be sourced from approved suppliers
Insurance with flexible payment plans is available
Variable interest rates subject to BOZ policy rate plus the Bank’s prevailing margin
The Bank will be the custodian of the spare key of the vehicle and the original certificate of registration.

Copy of NRC
3 latest pay slips / Valid proof of income
Driver’s Licence for Vehicle Finance
Duly completed application
Letter from Employer confirming employment status and how long one has worked for the institution
Proof of residential address
An existing Zanaco Account
Applicant must be aged over 18 years
Quotation from supplier – you can choose from a pre-approved list of suppliers spread across the country that Zanaco has partnered with.
Each applicant’s maximum amount is subject to 40% Debt Service Ratio.

Visit your nearest branch, reach out to your Relationship Manager or email our Vehicle and Asset Financing team directly.