Staff Writer
Standard Bank Namibia has launched a new online vehicle and asset finance calculator, giving customers an easy way to explore financing options from home.
The tool lets users enter details such as vehicle price, deposit and loan term to see estimated monthly repayments instantly. The bank says it aims to bring more transparency and convenience to the car-buying process.
Cicelia Hagen-Cloete, head of vehicle and asset finance at Standard Bank Namibia, said the tool is designed to support customers during the busy summer period.
“Summer is all about freedom, and that includes financial freedom. Our new calculator empowers customers to make informed decisions with ease, whether they’re planning a family road trip or upgrading to their dream car. It’s part of our commitment to driving digital innovation and enhancing customer experience.”
Digital banking use continues to rise in Namibia, with more customers choosing self-service tools that simplify financial planning. Standard Bank says the calculator responds to this trend by offering a user-friendly, mobile-responsive platform that supports better budgeting.
Industry analysts say tools like this calculator help customers manage their finances more confidently.
The launch also ties into the bank’s 2025 summer special, which offers up to 35% residual value on new vehicles, prime lending rates, a three-month payment holiday and insurance benefits such as car hire and deposit protection.
“Driving into summer has never been easier,” Hagen-Cloete said.
“With this tool and our seasonal offers, customers can plan smarter and enjoy the journey ahead.”
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Cicelia Hagen-Cloete
