WesBank – online loan South Africa
Online loans up to R150.000
Amount
R5K – R150K
Interest from
27.75%
Term
2 – 6 years
Approval
24 hours
Applying does not commit you to a loan agreement.
Screenshot of https://www.wesbank.co.za/
How to apply for WesBank loan
- Choose the amount and maturity
- Apply for the loan
- Fulfill the form
- You get the result
Quick overview
- Amount, R5 000 - R150.000
- Term, 2 - 6 years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R60.000 | R71.221.70 | R131.221.70 | 72 months |
Loan example
Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a CashPower Personal Loan is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile. An illustrative example of a loan at an interest rate of 27.75% per annum would be: Loan amount R60,000.00 plus a once-off initiation fee of R1,207.50 and a monthly admin fee of R69.00, over 72 months. The total cost of the loan will be R131,221.70 which is an Annual Percentage Rate (APR) of 30.45%.
Video review
Loan 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
- ✓ Details of your bank account into which your salary is paid
- ✓ A recent document confirming your residential address
Loan features
- Online loans up to R150.000
- Term 2 - 6 years
Frequently asked questions
24 hours after submitting your application.
The minimum amount at WesBank is R5,000.