Investec – online loan South Africa
Premium personal loans for Investec Private Bank clients
Applying does not commit you to a loan agreement.
Investec personal loan in South Africa
Investec is a South African private banking and wealth management group with offices in Johannesburg, Cape Town and Durban. Personal loans are available to Investec Private Bank clients only. Standard amounts range from R50,000 to R500,000, with bespoke facilities above that level for qualifying clients.
Eligibility requires an Investec Private Bank account, which is usually offered to professionals earning above R1.2 million per year. Loan applications are handled through your private banker rather than an app or branch. Rates are negotiated based on your overall wealth profile, not just credit score.
Interest is typically linked to prime minus a discount of 1% to 2% for senior clients, which is among the lowest in the South African market. Approval takes 1 to 2 working days because each application is manually reviewed. Early settlement is allowed without penalty on all standard products. Credit life insurance is offered but not always compulsory.
✓ Pros
- Among the lowest rates in SA
- Dedicated private banker
- No early settlement penalty
- Negotiated rates based on wealth
✗ Cons
- Restricted to Private Bank clients
- Minimum income R1.2 million per year
- No app-based instant approval
Loan example
A R300,000 loan over 48 months at 12% APR has a monthly repayment of around R7,900, total interest R79,200.
Loan requirements
- ✓ Investec Private Bank client
- ✓ Minimum income R1.2 million per year
- ✓ Three months bank statements
- ✓ Proof of assets and liabilities
- ✓ Latest tax assessment
Loan features
- Personal loans R50,000 to R500,000
- Term 12 to 72 months
- Prime-linked rates with discounts
- Bespoke facilities for senior clients
Frequently asked questions
48 hours after submitting your application.
The minimum amount at Investec is R50,000.