Budget Insurance – loan application

5.0 / 5  (505 reviews)
Maximum amount R250,000
Interest from 15.00%
Term 12 – 60 months
Your money in 24 hours
Apply on official Budget Insurance website ad

Application does not commit you to a loan agreement. Loan is approved by Budget Insurance according to their terms.

Screenshot of https://www.budgetinsurance.co.za, operated by: Budget Insurance Company Ltd., used under legitimate licence.

Budget Insurance screenshot

Contact

Company Budget Insurance Company Ltd.
Address 1 Telesure Ln, Dainfern, Johannesburg, 2191

Budget Insurance – repayment table

Estimated monthly repayments at 15.00% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 12 months 18 months 24 months
R100,000 R23,333 R20,556 R19,167
R200,000 R46,667 R41,111 R38,333

Representative example

Loan amount R125,500
Repayment term 12 months
Monthly interest 15.00%
Monthly repayment R29,283
Total interest costs R225,900
Total amount payable R351,400

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount R1K – R250K
Term 12 – 60 months
Interest from 15.00%
Approval 24 hours
Age 24 hours
Online application Yes

Requirements

  • ✓ Be 18 years or older
  • ✓ Have a valid SA ID or Drivers License
  • ✓ Have a bank account
  • ✓ Be employed and earn R2 000 or more per month
  • ✓ You will be required to provide proof of income documentation

Loan features

  • Online loans up to R250.000
  • Term 12 - 60 months
  • Cash in your account within 24 hours