Assets: Motorbikes

LOANS AGAINST MOTORCYCLES

We offer fast, reliable loans against motorbikes – so you can use your motorbike to access funds, straight away and without having to sell it. Supplying as much information as possible will assist us in evaluating your application.
Loans against motorbikes at Lamna

To get a loan against a motorbike, just apply online, giving us the details of your vehicle, including year, manufacturer, model and mileage.

Based on this information, we’ll call you back with an immediate, initial loan offer.

If you agree to our valuation and terms, bring your bike to one of our branches for an inspection and, if you choose, we can finalise our agreement. We’ll then transfer the funds into your bank account immediately.

We’ll store your motorbike in a high-security facility. Once you’ve repaid the loan and agreed interest, we return your bike, in the same condition you left it.

We believe we offer the best loans against motorbikes in South Africa. Some benefits of using a motorbike to get a loan from Lamna:

    • our interest rates are competitive
    • we don’t apply any hidden fees or penalties
    • we transfer funds into your account straight away
    • we don’t supply information to credit credit bureaus or other third parties
    • we comply fully with the National Credit Act guidelines.

To get a loan against a motorbike, just apply online, giving us the details of your vehicle, including year, manufacturer, model and mileage.

Based on this information, we’ll call you back with an immediate, initial loan offer.

If you agree to our valuation and terms, bring your bike to one of our branches for an inspection and, if you choose, we can finalise our agreement. We’ll then transfer the funds into your bank account immediately.

We’ll store your motorbike in a high-security facility. Once you’ve repaid the loan and agreed interest, we return your bike, in the same condition you left it.

We believe we offer the best loans against motorbikes in South Africa. Some benefits of using a motorbike to get a loan from Lamna:

    • our interest rates are competitive
    • we don’t apply any hidden fees or penalties
    • we transfer funds into your account straight away
    • we don’t supply information to credit credit bureaus or other third parties
    • we comply fully with the National Credit Act guidelines.

To use a motorbike to get a loan, the bike must be fully paid for and registered in your name.

Documents required for loans on motorbikes:

  • the motorbike’s registration documents, which must be in your name or your company’s name
  • your ID
  • proof of address.

APPLY ONLINE

speak to a consultant on 086 111 2866

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ILLUSTRATIVE EXAMPLE

Client borrows R10,000 for 90 days.

Loan Amount
Repayment Period
Monthly Interest
Total Cost of Loan
Initiation Fee
Monthly Fee
APR
R10 000
3 months
R500.00
R2 914.50
R1 207.50
R569.00
60%

Fixed rates range from 36% to 60% APR and payment terms range from a minimum of 3 months to a maximum of 24 months. Apart from the initiation and monthly fees shown in the table, the only additional fee is credit life insurance if the borrower does not have this already.

Non-Payment​

Non-payment may result in the matter being escalated.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via debit order on a monthly bases.

Motorbikes

Motorbikes

Apply Online

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Motorbikes

Apply Online

This field is hidden when viewing the form

Motorbikes

Apply Online

Motorbikes

Apply Online