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Grindrod Bank – online loan South Africa

4.0 / 5 (410 reviews)

Online loans up to R150.000

Amount R5K – R150K
Interest from 25.00%
Term 2 – 6 years
Approval 24 hours
Apply for loan ad

Applying does not commit you to a loan agreement.

Grindrod Bank screenshot

Screenshot of https://www.grindrodbank.co.za/

How to apply for Grindrod Bank loan

  1. Choose the amount and maturity
  2. Apply for the loan
  3. Fulfill the form
  4. You get the result

Quick overview

  • Amount, R5 000 - R150.000
  • Term, 2 - 6 years

Loan example

Amount Fee Total payment Term
R60.000 R71.221.70 R131.221.70 72 months

Loan example

Loan amount of R50 000 borrowed over 60 months. Annual maximum interest rate: 27.50%. Initiation fee: R1 207.50. Monthly admin fee: R69. Max APR: 32.21%. Total amount payable: R101 177

Loan requirements

  • ✓ A regular monthly income of at least R5 000
  • ✓ A clear credit record
  • ✓ Your last 3 months' payslips or bank statements
  • ✓ A clear copy of your ID document

Loan features

  • Online loans up to R150.000
  • Term 2 - 6 years

Frequently asked questions

24 hours after submitting your application.

The minimum amount at Grindrod Bank is R5,000.