What is MFC?
MFC is a division of one of the most important banks in South Africa.
MFC South Africa Contact Details
MFC, a division of Nedbank (Head Office)
Address: 135 Rivonia Rd, Sandown, Sandton, 2196, South Africa
Phone: +27 860 879 900
Are Nedbank and MFC the same?
Nedbank Vehicle Finance was renamed MFC, a division of Nedbank (MFC), following a merger between Motor Finance Corporation and Nedbank Vehicle and Asset Finance in October 2010.
The merger has added real value to Nedbank’s vision to be Africa’s most admired bank by our clients, stakeholders, regulators, and communities.
How long does it take for MFC to repossess a car?
The vehicle will be valued once it has been booked, and thereafter a notice in terms of section 127(2) will be sent to your chosen address.
This notice merely informs you what the vehicle has been valued for. After 10 days, it is released for auction and sold.