Grindrod Bank – loan application
Screenshot of https://www.grindrodbank.co.za/, operated by: Grindrod Bank, used under legitimate licence.
Contact
Company
Grindrod Bank
Address
Kingsmead Office Park, Stamford Hill, Durban, 4001
Website
https://www.grindrodbank.co.za/
Grindrod Bank – repayment table
Estimated monthly repayments at 25.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 3 months | 6 months |
|---|---|---|
| R100,000 | R58,333 | R41,667 |
Representative example
Loan amount
R77,500
Repayment term
6 months
Monthly interest
25.00%
Monthly repayment
R32,292
Total interest costs
R116,250
Total amount payable
R193,750
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R5K – R150K
Term
2 – 6 years
Interest from
25.00%
Approval
24 hours
Age
24 hours
Online application
Yes
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
Ready to apply?
Go to official Grindrod Bank website ad