To apply for this offer, call us on 0860 000 886 or visit your nearest branch.
- HOW IT WORKS
- OUR REQUIREMENTS
- TERMS AND CONDITIONS
- WHAT DO YOU NEED TO DO
- Qualify for a loan of up to R8 000.
- Subject to Affordability.
- Pay back this loan over 6 months.
- Interest rate is 5% per annum.
- Initiation and Service fees apply.
- Terms and Conditions apply.
- You need to be employed for at least 3 months with the same employer.
- Only individuals (and not businesses) can apply for this loan.
- If you're an existing customer with an existing 6-month loan, you'll only qualify for this offer 45 days after you've received your existing loan.
- You must be between the ages of 18 and 59 years old to apply.
- You need to be a resident of South Africa.
- You must have a valid South African ID document (Green, bar coded 13 digits Identity Document or ID Smart Card or valid South African passport).
- You must provide a current payslip not older than 1 month.
- You need to provide the most recent consecutive bank statements for the last 3 months.
- A fixed interest rate of 5% will apply.
- The repayment term is 6 months.
- You will be able to settle the loan before the lapse of the 6 month term if needed. No penalties will be charged.
- Monthly service fees will be R68 including VAT.
- Standard NCA initiation fee applies.
- This loan is subject to meeting our Affordability Criteria.
- To apply for a loan you have to be 18 years of age or older.
- The term of your loan agreement must cease at least two months prior to the age of 60.
- Available only in South Africa.
- Always pay your monthly personal loan instalment.
- Speak to us before you approach other lenders.
- Tell us if you change bank accounts or your contact details.
Payment options range from 3 to 60 months. Min APR from 19,7% to Max APR of 72%.
*Representative example: Credit of R5,000 borrowed for 3 months. Monthly interest: R21 (reducing monthly). Once-off Initiation fee: R644. Monthly admin fee R68. Representative APR 72%. Total amount payable: R5,908.