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Guaranteed Motor Vehicle Scheme

Getting you there quicker

This loan facility is tailor made for government and Parastatals which have agreement with BSB to offer their staff with guaranteed Motor vehicle loans. Application and approval of the loan rests with the employer. The role of the Bank is to disburse funds after approval by the respective employers.

P 0 .00
maximum loan amount
0 years
maximum repayable time

Product Features

  • Accessible to employers of qualifying organizations
  • Repayments periods are four years for used and five years for new motor vehicles respectively

Pricing

  • Loan interest rate is at prime rate
  • Arrangement fee is 1%, Min:P600, Max:P950.00

Entry Requirements

  • Should be a citizen with a valid Omang and also a government employee or an employee of a qualifying Parastatal

How do I apply for a BSB Guaranteed Motor Vehicle Scheme?

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fill-BSB-form

Confirm whether your organization has guaranteed motor vehicle and mortgage scheme with BSB. (Facility offered to all Government employees).

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fill-BSB-form

Where scheme is available, check with employer on how much you qualify for.

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BSB how_it_works 1

Fill and submit the signed application form together with account opening requirements and submit at your place of employment for assessment and approval.

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BSB how it works

An approved application form will be forwarded to the Bank for loan disbursements.

Take a look at our other loans

Lecha Personal Loan

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Guaranteed Residential Property Scheme

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Pensioners Loan

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Ipelegeng Personal Loan

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