IEMAS – online loan South Africa
Online loans up to R200.000
Amount
R1K – R200K
Interest from
34.85%
Term
9 – 60 months
Approval
24 hours
Applying does not commit you to a loan agreement.
How to apply for IEMAS loan
- Complete online process
- Review your loan offer
- Accept and get funds
Quick overview
- Amount, R1.000 - R200.000
- Term, 9 - 60 months
- Age: 18 + years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R15.000 | R7.717 | R22.717 | 15 months |
Loan example
Assumed borrowing of R15,000 over 15 months at a fixed rate of 28% per annum and a fee of R68.40 per month and initiation fee of R1,197 would result in a representative rate of 68% APR (fixed). The total amount repayable is R22,717.
Video review
Loan requirements
- ✓ ID or a certified copy of your ID
- ✓ Three latest pay-slips
- ✓ One month’s bank statement
- ✓ Proof of residential address
- ✓ Affordability assessment
Loan features
- Online loans up to R200.000
- Term 9 - 60 months
Frequently asked questions
24 hours after submitting your application.
The minimum amount at IEMAS is R1,000.