First National Bank (FNB) currently provides the cheapest vehicle licence disc renewals in South Africa.
The financial institution recently slashed the price of its licence disc service from R171 to just R99, making it significantly cheaper than other renewal options, found research by MyBroadband.
Comparing options
While there was a time when vehicle licence disc renewals were only available at the South African Post Office or a driver’s licence centre, today, there are several private institutions that can provide the same service – often for a better price.
Many of these providers provide a delivery service, making the entire process much more seamless for the average motorist, and a few even include the delivery fee in the cost of the renewal itself for better cost savings overall.
Out of the nine major licence renewal services, FNB offers by far the cheapest disc replacement charging a single R99 payment for both the administrative and delivery fee, which can even be paid using eBucks, and only charges another R49 for a household with multiple licences being renewed at once.
You can see a breakdown of the various options in the table below:
Provider | Availability | Service/admin fee | Delivery fee | Total |
---|---|---|---|---|
FNB | Nationwide | Included | Included | R99.00 |
South African Post Office | Nationwide | R72.00 | R75.00 | R147.00 |
PayCity | Gauteng, City of Cape Town (metro only), Free State, Northern Cape, Mpumalanga, Limpopo, North West | Included | Included | R166.75 |
National Traffic Information System (Natis) Online | Nationwide | R72.00 | R99.00 | R171.00 |
Shoprite Money Market | Nationwide | R110.25 | R74.75 | R185.00 |
Spar | Unknown (only selected stores) | R199.00 | Included | R199.00 |
Renewonline | Gauteng, Limpopo | R100.00 | R115.00 | R215.00 |
Disky | Nationwide | R169.00 | R70.00 | R239.00 |
Pick n Pay | All except Western Cape | R250.00 | R79.99 | R329.99 |
The second cheapest option is the Post Office at a combined R147 for a new disc to be delivered. It’s also worth mentioning that the Post Office only accepts card payments these days and will no longer take cash if you are considering this route.
After that, PayCity takes third place at R166.75 for both the admin and delivery fees, though this option is limited to seven provinces with Cape Town being the only Western Cape metro to receive it.
This is followed by the eNatis service and Shoprite at R171 and R185, respectively, with the latter still running a R40 discount that was first introduced in September last year.
Spar is another supermarket that motorists can choose, though this option is less clear as it is only provided in select stores around the country, and charges R199.
Renewonline and Disky are two other services you can opt for depending on your location at a rate of R215 for the former and R239 for the latter.
This leaves Pick n Pay as both the most expensive retailer and option overall for getting a new licence disc out of the options considered – charging R250 for the service fee and another R80 for delivery for a total of R329.
Join the discussion