What does MFC stand for in Nedbank?
Nedbank Vehicle Finance was renamed MFC, a division of Nedbank (MFC), following a merger between Motor Finance Corporation and Nedbank Vehicle and Asset Finance in October 2010.
Is Nedbank and MFC the same?
– Select MFC, a division of Nedbank Ltd.
How does MFC finance work?
This means you choose the vehicle and it’s bought by us. We then sell the vehicle to you over a negotiated period run on an agreed interest rate. Market-related rates will apply. Choose between a fixed or a linked interest rate.
What is the minimum salary for car finance Nedbank?
R6,500 a month
Apply for finance
to be 18 or older; to be a permanently employed salaried individual, earning a minimum salary of R6,500 a month; to hold a valid South African driving licence with no endorsements; to be a South African citizen or permanent resident; and.
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