RCS – online loan South Africa
Online loans up to R150.000
Amount
R2K – R250K
Interest from
15.00%
Term
12 – 60 months
Approval
24 hours
Applying does not commit you to a loan agreement.
Screenshot of https://rcs.co.za/
How to apply for RCS loan
- Choose the amount and maturity
- Apply for the loan
- Fulfill the form
Quick overview
- Amount, R2.000 - R250.000
- Term, 12 - 60 months
- Age: 18 + years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R7.500 | R5.838 | R13.338 | 24 months |
Loan example
Loan amount of R7,500 borrowed for 24 months. Annual Interest Rate: 27.75%. Initiation fee (charged upfront): R936. Monthly service fee: R69 Total Amount payable: R13 338. Monthly instalment amount: R556.
Loan requirements
- ✓ You must be 18 years old and older
- ✓ You must have a South African ID
- ✓ You must earn a minimum of R2000 a month
- ✓ You must hold a bank account
- ✓ You will be required to provide proof of income documentation
Loan features
- Online loans up to R150.000
- Term 12 - 60 months
- Decision in seconds
- Cash in your account within 24 hours
Frequently asked questions
24 hours after submitting your application.
The minimum amount at RCS is R2,000.