Before applying, make sure your bike purchase fits Yonda’s criteria:

• What you can finance:
  
  • New or used bikes (up to ~3 years old) from accredited shops or private sellers.
  
  • Road, gravel, mountain, e-bikes, etc.
  
  • You can add certain accessories like pedals, helmet, handlebars to the finance package. Yonda Bike Finance
  
• Minimum price: Around R15 000 and upward.
  
• Terms: You choose a repayment period typically from 12 to 48 months.
  
• Deposit: A deposit of around 10 % is usually required on new bikes.

Gather these documents before you start the application:

• Copy of your green barcoded South African ID.
  
• Your most recent payslip or proof of income.
  
• Proof of residential address (utility bill, not older than ~3 months).
  
• Insurance details (required later in the process).
• AN OFFICIAL QUOTATION FROM US.

Visit Yonda’s finance application page and fill in your details:

• Provide personal and financial information.
  
• You’ll be asked about the bike (or bikes) you intend to finance.
  
• Upload your supporting documents if available, or send them later via email.
  

👉 You’ll usually get a pre-approval decision quickly (often within a short time).

Once you submit:

• Yonda checks your information and sends your application to their finance partner (e.g., WesBank) for formal credit vetting.
  
• A Yonda team member will contact you with the initial outcome and details about your offers.

After conditional approval:

• If you’re happy with the terms offered, confirm you want to proceed.
  
• You will need to provide proof of insurance for your new bike before final approval.

Once everything is in order:

• Yonda generates your digital finance contract (often called an iContract) for you to sign online.
  
• This contract outlines your deposit, monthly repayments, interest rate, fees, and repayment term.

After signing:

• Yonda arranges the release of your bike from the store.
  
• You can now take your dream ride home and start paying monthly!