Today we will focus on the Absa eContract in South Africa.
An eContract, also known as an electronic contract, is a legal document created and signed online.
It is a digital version of a traditional paper contract and allows you to agree with the bank.
This product allows you to sign your loan contract online.
We will first show you the requirements to sign up for Absa eContract.
Requirements For An eContract
Below are the basic requirements to sign up for the Absa car eContract in South Africa:
- You should have a valid South African ID book or card
- Have a valid driver’s license
- Proof of comprehensive car insurance
- Provide proof of address such as a liability bill
- You should have marital consent if the property belongs to a married couple
- Provide any other document specified by your dealer or the Absa branch consultant
These are the requirements to sign up for Absa eContract in South Africa.
Absa eContract
You can easily buy a car or any other asset without making a physical appearance to the bank to sign the hardcopy documents.
The product allows you to sign, access, and track your vehicle finance application online.
Even after you sign up for eContract, you will still need to go into the branch to collect a delivery note for your car and sign the record of advice.
You can log in to eContract for seven days after accepting the terms and conditions and review any signed contracts.
If you have any issues with your contract, you should contact your dealer or the Absa bank branch you are dealing with.
You can also contact Absa at 0860 669 669.
These are the features of the Absa eContract in South Africa.
eContract Benefits
You do not have to wait at a dealer or in a branch to sign your contract, as you can do it online.
Only need to visit the dealer when collecting your new car.
Can accept your vehicle contract anywhere and anytime through the internet.
Access and can download your documents quickly and easily for record purposes.
You can also accept documents online anytime you need them.
These are the benefits of the Absa eContract in South Africa.