CREDIT WITH RESERVATION OF OWNERSHIP

Being able to drive what is actually yours makes all the difference. With Credit with Reservation of Ownership, the car is yours.

The Credit with Reservation of Ownership consists in a financing intended for the acquisition of new or used vehicles, in which the vehicle remains in the Customer's name (Legal Ownership) with the reservation of ownership in favour of Nedbank Mozambique.

Benefits

  • Registration of the vehicle in the Client's name
  • Possibility of financing up to 100% of the RRP of the vehicle to be acquired
  • Possibility of meeting the company's investment needs without having to draw on own funds

Currency

  • Metical (MZN)
  • Dollar (USD)

Term

  • New vehicles:
    • Minimum: 12 months (1 year)
    • Maximum: 84 months (7 years)
  • Used vehicles:
    • Minimum: 12 months (1 year)
    • Maximum: 60 months (5 years)

Maximum value

  • 100% of the value of the vehicle 
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