Organization : Standard Bank Of South Africa Limited
Competition Name : VAF 3 Months Instalment Back Promotional Competition
Applicable For : Permanently reside in the Republic of South Africa
Competition Deadline : 28 February 2017
Prize : R30 000
Website : https://www.standardbank.co.za/
Terms & Condition : https://www.southafricain.com/uploads/6561-VAFOFFER.pdf
VAF 3 Months Instalment Back Promotional Competition :
1. Duration :
** The Competition starts at 00:00 on 1 December 2016 and end at 23:59 on 28 February 2017 (“Competition Period”).
Related : Standard Bank Of South Africa Incredible Connection Back To School Competition : www.southafricain.com/5665.html
2 Entrant Requirements :
2.1 To qualify as an entrant into this Competition you must meet all of the following requirements:
2.1.1 permanently reside in the Republic of South Africa;
2.1.2 be 18 (eighteen) years of age or older;
2.1.3 you apply for vehicle and asset finance (“VAF”) valued between R50 000.00 (fifty thousand Rand) and R2 000 000.00 (two million Rand) during the Competition Period;
2.1.4 you meet the normal lending criteria as defined by Standard Bank policies and procedures;
2.1.5 you currently pay for your Instalment via debit order or must agree to the loading of a debit order to effect payment of your Instalments;
2.1.6 your debit order is approved and the first monthly debit order is successfully processed following the approval;
2.1.7 you are not in arrears with your Instalments at any point during the Competition Period; and
2.1.8 your VAF is for one of the following asset types :
** CAO – Caravans: Other
** CVK – Commercial Vehicles: Kombis
** 2017/01/26
** CVL – Light Commercial Vehicles
** CVR – Commercial Vehicle: Recreational
** MCO – Motor Cars
** MVO – Motor Cycles; and
2.1.9 you have not applied for a product under the “young professionals” offering.
3 How To Enter :
3.1 Apply for and take up a VAF deal with us for an amount between R50 000.00 (fifty thousand Rand) and R2 000 000.00 (two million Rand) via any channel internal or external channel during the Competition Period.
3.2 You must follow the normal VAF application process, including but not limited to :
3.2.1 qualifying for the finance amount;
3.2.2 providing all necessary documentation as required in terms of your VAF application; and
3.2.3 meeting any other legal requirements.
3.3 Your VAF deal must be disbursed by no later than Tuesday, 28 February 2017 in order for you to enter the Competition.
3.4 You will automatically receive one entry into this Competition when you meet the criteria contemplated in clause 2 and this clause 3.
3.5 There are no restrictions as to how many times you may enter this Competition.
4 Prizes :
4.1 2 entrants (one entrant from the Personal VAF segment and one entrant from the Small Enterprise segment) each stand the chance to win a cash prize which is equal to 3 months’ worth of Instalments subject to a maximum amount of R30 000 (“Prize”).
4.2 The Prize winners will be chosen by means of a lucky draw conducted by our internal auditors on 22 March 2017 at our premises, 30 Baker Street, Rosebank (“Lucky Draw”). The first 2 valid entries drawn will win a Prize.
4.3 The Prize winners will be notified by a representative of ours by telephone within 10 working days of the relevant Lucky Draw.
4.4 The Prize will be credited to your account (the transactional account from which your debit order goes off from) by no later than the 31st March 2017.
4.5 The Prize may not be exchanged for any other item. We do however reserve the right to substitute the Prize with any other prize of a similar commercial value.