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Bank Windhoek celebrates independence with new vehicle payment options

Home Business Bank Windhoek celebrates independence with new vehicle payment options

WINDHOEK – Bank Windhoek has introduced new vehicle financing options to offer buyers the opportunity to finance and own their dream car. The initiative is part of how Bank Windhoek will celebrate 25 years of independence.

“The vehicle financing options are a gift to our clients and the nation as we celebrate Namibia’s 25 years of independence on March 21, 2015. Bank Windhoek had in the past run the vehicle financing options as part of the Bank Windhoek Motor Show. However, the Bank Windhoek Motor Show came to an end last year, as Bank Windhoek realigns its sponsorship portfolio to support its vision, brand and business strategies,” said Chris Matthee, Executive Officer: Retail Banking Services at Bank Windhoek.

The vehicle financing options that prospective buyers can look forward to this year include a repayment period of 72 months (for loan amounts above N$100 000 normal interest rates apply), a special interest rate of prime less 1 percent (new vehicles) and prime rate (used vehicles), a repayment holiday of 3 months (only start repaying in month 4 or choose any other 3 months within the first three years of the financing contract)