Yonda / Finance explained
Your next bicycle.
More ways to make it work.
Keep your cash available and explore dedicated bicycle finance, with a team or experts that guides you from application to collection.
WHY FINANCE WITH YONDA
Good reasons to take the next step.
Keep your cash available.
Spread the purchase over monthly repayments, leaving cash available for other priorities.
Get a competitive offer.
See the rate and repayments available to you, so you can compare your options before deciding.
Have a clear repayment plan.
Know what you'll pay each month and when you bicycle finance is scheduled to finish.
Work with people who know bikes.
We manage your application and coordinate with you bike shop, keeping you informed along the way.
Finance backed by WesBank and available in 300 retailers nationwide
WHAT CAN I FINANCE?
Find the bike that fits.
R15000+
Bicycle purchase value
Up to 48
Monthly instalments
New or used
Bicycles up to 3 years old.
Your kind of riding
Road, Gravel, MTB, TT and e-bikes.
Where to buy
Through a retailer or private-to-private purchase.
Make it your own
Add a helmet or pedals, or upgrade functional parts such as wheels, power meters or handlebars.
HOW IT WORKS?
From application to collection.
1
Apply online.
Complete your application and submit your documents. Yonda sends it to the bank for assessment.
2
Talk it through.
Our team contacts you with the initial outcome and explains the details.
3
Decide and prepare.
Choose whether to proceed and provide any outstanding documents, including insurance proof.
4
Sign and collect.
Complete your contract online. We coordinate the release of your bike.
A LITTLE MORE DETAIL
Feel clear before you commit.
Comparing your options. Compare the interest rate, fees, monthly repayment and total amount repayable over the same period. Consider how each option affects the cash you want to keep available.
Paying off your finance sooner. There are NO penalties for additional payments or early settlement.
Documents you need. You can upload supporting documents with your application or send them afterwards. Our team will explain what is needed. These include ID, proof of residence, most recent 3 months banks statements and payslips.