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Melac loan solution

Vehicle Loan

A manageable route to personal or productive mobility.

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About this product

Financing shaped around a clear purpose.

The Vehicle Loan provides financing for motor vehicles used for personal, commercial, or business purposes. Eligible vehicles may include passenger cars, motorcycles, commercial vehicles, and transport equipment, supporting both mobility and income-generating transport activities.

Key benefits

  • Personal and commercial vehicle financing
  • Supports income-generating transport
  • Manageable repayment planning
  • New or used vehicles subject to assessment

Who this loan may suit

  • Individuals purchasing a vehicle
  • Transport and delivery operators
  • Businesses acquiring commercial vehicles
  • Applicants with a vehicle quotation and repayment capacity

What to prepare

Be ready to provide valid identification, contact details, information supporting your income or activity, and documents related to the purpose of the loan. Our team will confirm the exact requirements after your initial enquiry.

Assessment and terms

Loan amount, repayment period, pricing, security, and approval are determined after reviewing vehicle value and condition, intended use, income, security, and credit assessment. Terms and conditions apply.

Simple process

From enquiry to a lending decision.

Apply online

Complete the short enquiry form with your contact and financing details.

Speak with our team

We contact you to understand your need and explain the relevant requirements.

Submit documents

Provide the requested supporting information for assessment and verification.

Receive a decision

We communicate the outcome and, if approved, explain the final terms before disbursement.

Ready to discuss your next step?

Start an enquiry today. Applying does not guarantee approval, and all final terms are confirmed after assessment.

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