Old Mutual – online loan South Africa
Online loans up to R200.000
Amount
R2K – R200K
Interest from
27.50%
Term
1 – 84 months
Approval
24 hours
Applying does not commit you to a loan agreement.
Screenshot of https://www.oldmutualfinance.co.za
How to apply for Old Mutual loan
- Click on "Apply now" button
- Complete a quick form
- Confirm
Quick overview
- Amount, R1.000 - R200.000
- Term, 1 - 84 months
- Age, 18 - 60 years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R2.000 | R812.73 | R2.812.73 | 3 months |
| R5.000 | R957.39 | R5.957.39 | 6 months |
| R20.000 | R1.207.50 | R21.207.50 | 12 months |
Loan example
Credit of R5,000 borrowed for 3 months. Monthly interest: R35.31 (reducing monthly). Once off initiation fee: R649.75. Monthly admin fee R69. Total Amount Payable: R5,915.72.
Video review
Loan requirements
- ✓ You need to be at least 18 years old
- ✓ You need to be earning at least R2 500 per month
- ✓ The term of your loan must end before you turn 60 years of age
Loan features
- Online loans up to R200.000
- Term 1 - 84 months
Frequently asked questions
24 hours after submitting your application.
The minimum amount at Old Mutual is R2,000.