Grindrod Bank – online loan South Africa
Online loans up to R150.000
Amount
R5K – R150K
Interest from
25.00%
Term
2 – 6 years
Approval
24 hours
Applying does not commit you to a loan agreement.
How to apply for Grindrod Bank loan
- Choose the amount and maturity
- Apply for the loan
- Fulfill the form
- 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.