Financing
Acquiring finance is simple and fast
What you need to apply:
- Monthly income of at least R5 000
- Up to 3 months’ recent bank-generated PDF statements or payslips as proof of income
- A clear copy of your ID document
- Details of the account into which your salary is paid
- Proof of address
Estimated monthly repayments:
Personal loan of R20,000 – R795 per month over 6 years
You can apply at the following financial institutions
- Loan amount available – R2,000 to R200,000
- Loan terms – 3 Months to 84 months
- Montly Service fee – R69.00 per month
- Initiation fee – R649,75
- Interest rate – 24.75%
- Credit Life – minimum R16.67, maximum R25,42 per month
2. Nedbank
- Loan amount available – R2,000 to R300,000
- Loan terms – 6 Months to 72 months
- Monthly Service fee –
- Initiation fee –
- Interest rate – 18 to 24.75%
- Insurance – R8.07 per month
3. WesBank/Direct Axis
- Loan amount available – R5,000 to R200,000
- Loan terms – 24 Months to 72 months
- Monthly Service fee – R69
- Initiation fee –
- Interest rate – 24.25 to 24.50%
- Insurance –
- Loan amount available – R2,000 to R350,000
- Loan terms – 12 Months to 84 months
- Monthly Service fee – R69
- Initiation fee –
- Interest rate – prime + 17.5%
- Insurance –
- Loan amount available – R3,000 to R300,000
- Loan terms – 12 Months to 72 months
- Monthly Service fee – R69
- Initiation fee –
- Interest rate – 24.75%
- Insurance –
6. Capitec
- Loan amount available – R5,000 to R200,000
- Loan terms – 12 Months to 84 months
- Monthly Service fee – R69
- Initiation fee – R1,207.50
- Interest rate – 14.20 to 24.75%
- Insurance –