Online Loan Application

        Online Loan Application

Before submitting your loan applications online, here is what you need to know about how your credit rating will affect your loan application.

R300 000
Loan amount R500 - R300 000
Interest 10,25 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Personal loans up to R300.000
  • Term 12 - 72 months

Loan requirements

  • SA ID number
  • Proof of residence not older than 3 months
  • 1 month's payslip
  • Last 3 months’ bank statements, if you don't bank with us

About company

More information about the company Standard Bank

Borrow from R500 with interest from the 10,25 % Moread
R50 000
Loan amount R1 000 - R50 000
Interest 79 %
Maturity 6 - 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 6 - 24 months

Loan requirements

  • A valid SA ID
  • 3 latest payslips or 3 latest bank statements
  • Must be permanently employed and earning a monthly salary
  • A valid cell phone number
  • A valid SA bank account
  • Must be 18 years or older

About company

More information about the company Capfin SA (Pty) Ltd

Borrow from R1 000 with interest from the 79 % Moread
R200 000
Loan amount R5 000 - R200 000
Interest 27,75 %
Maturity 1 - 7 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 7 years
  • Quick application

Loan requirements

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old

About company

More information about the company DirectChoice

Borrow from R5 000 with interest from the 27,75 % Moread
R4 700
Loan amount R100 - R4 700
Interest 5 %
Maturity 7 - 28 days

Fast information

Properties of this loan

  • Online loans up to R4.700
  • Term 7 - 28 days
  • Same day online payday loans

Loan requirements

  • You need to be a South African citizen and above 18 years of age
  • You also need to be employed and have a valid bank account

About company

More information about the company Southern Finance Ltd

Borrow from R100 with interest from the 5 % Moread
R200 000
Loan amount R10 000 - R200 000
Interest 2 %
Maturity 1 - 10 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 10 years
  • Easy online application

Loan requirements

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old

About company

More information about the company EC Loans

Borrow from R10 000 with interest from the 2 % Moread
R8 000
Loan amount R500 - R8 000
Interest 19,5 %
Maturity 1 - 6 months

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 - 6 months
  • Easy online application

Loan requirements

  • If you’re a South African citizen (at least 18 years old) who isn’t under debt administration and has never applied for debt review, you can apply
  • You will need to provide us with a copy of your ID, your latest payslip, and your latest 3 months’ bank statements

About company

More information about the company Loanzie Pty (Ltd).

Borrow from R500 with interest from the 19,5 % Moread

Udu

Udu  4
R150 000
Loan amount R4 000 - R150 000
Interest 41,94 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 12 - 60 months

Loan requirements

  • Your ID documents
  • Proof of residence

About company

More information about the company Transaction Capital Recoveries (Pty) Ltd

Borrow from R4 000 with interest from the 41,94 % Moread
R150 000
Loan amount R100 - R150 000
Interest 34,9 %
Maturity 3 months - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 months - 6 years
  • Easy online application

Loan requirements

  • If you are a South African citizen
  • Over 18 years of age
  • Employed and banked

About company

More information about the company Loans 4 Payday

Borrow from R100 with interest from the 34,9 % Moread
R3 000
Loan amount R500 - R3 000
Interest 3 %
Maturity 4 - 31 days

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 4 - 31 days
  • Fast application

Loan requirements

  • Your SA ID number
  • Your bank account
  • Your cell phone number
  • Your latest three (6) payslips
  • Your latest three (6) months bank statements showing your income

About company

More information about the company Westside Cash Connection (Pty) Ltd

Borrow from R500 with interest from the 3 % Moread
R50 000
Loan amount R5 000 - R50 000
Interest 63 %
Maturity 7 - 36 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 7 - 36 months

Loan requirements

  • Have a South African ID Number
  • Be between 22 and 60 years old
  • Be employed full time
  • Have a personal bank account in your name
  • Have an email address and cell number

About company

More information about the company Izwe Loans (Pty) Ltd

Borrow from R5 000 with interest from the 63 % Moread
R150 000
Loan amount R5 000 - R150 000
Interest 27,75 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 2 - 6 years

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

About company

More information about the company FirstRand Bank Ltd.

Borrow from R5 000 with interest from the 27,75 % Moread
R500
Loan amount R100 - R500
Interest 16,5 %
Maturity 1 - 45 days

Fast information

Properties of this loan

  • Online loans up to R500
  • Term 1 - 45 days

Loan requirements

  • You need to be over 18 years of age and less than 65 years old
  • Residing and employed in South Africa
  • With an active RSA bank account, plus your own email address and cell phone
  • Your credit rating will determine if there are any additional requirements
  • We do a quick assessment of your financial ability to repay a loan
  • So the results should give us an assurance of your ability to settle your debt when the time comes

About company

More information about the company Makanda Finance Ltd.

Borrow from R100 with interest from the 16,5 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • First loan strictly for women

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company First for Women Insurance Company Limited

Borrow from R1 000 with interest from the 27,75 % Moread
R250 000
Loan amount R100 - R250 000
Interest 28 %
Maturity 2 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 2 - 60 months
  • High approval rate
  • Use for any purpose

Loan requirements

  • You must be 18 years or older
  • Must have a regular form of income in order to apply for a loan

About company

More information about the company Triple Eight Media (PTY) Ltd

Borrow from R100 with interest from the 28 % Moread

        Online Loan Application

Life has its twists and turns – sometimes, it is not unusual to find yourself in a situation where you need extra cash. It could be you want to meet an emergency, grow your business, finance your car, or you simply want to finance a home.  Regardless of the situation, submitting a loan application online comes with a lot of convenience.

 In case you are skeptical, here are several reasons that could convince you to try loan application online. 

They Offer More Convenience

You will find that this loan type is more convenient as compared to a traditional loan. With the latter, you might require to make several trips to the bank for the application and to follow up on your loan approval process. Not so with an online loan. When making loan applications online, all that is required is for you to create an account online, fill in your application forms correctly and submit. Once this is done, you will be notified of your approval status online. You will also get a money disbursement notification through the same channel.

You Can Access Loans with a Poor Credit Score

Traditional loans place a lot of emphasis on a borrower’s credit score. It is almost impossible for a bank to advance you a loan if your credit is less than perfect. Granted, most online loans will also consider this. However, some online lenders will still consider and grant loans to borrowers with poor credit scores.  And it gets better. If such a borrower takes online loans and repays on time, this will gradually improve their credit rating. In time, they can apply for bank loans.

They are Processed Quickly

Instant online loans are an online loan type that allows you to make your application and receive the funds within hours. When facing a medical emergency, for example, such timely loan processing and cash disbursement timelines are incredibly advantageous. 

Get Access to Small Amounts of Cash

Smart borrowers only borrow what they need, as the higher the loan amount, the higher the chargeable interest fees. Traditional banks place caps on the lowest amount a client can borrow. If you need smaller amounts, these caps can lock you out. Online loans, on the other hand, can give you access to as little as R500 from online lenders.

Estimate Interest Rates using Online Calculators

Another beneficial feature of online loans is the online calculator provided by lenders on their sites.These calculators allow you to determine the exact amounts you will pay in interest for different repayment durations. As a borrower, this is useful in helping you plan your finances. 

The landscape is different with different types of loans 

Ideally, how quickly and smooth the process will be is dependent on the type of loan you want. For a personal loan, you get unparalleled convenience unlike submitting a home loan application, which may take more hassle compared to a quick loan.

Still, although the application and approval process of a home loan may take longer than let’s say a applying for personal loan, the online approach is much convenient than visiting a traditional bank. That said; for you to get a home loan in South Africa, you still need to fulfill all the critical requirements.


Online Loan Application rating: 4.5/5 from 27 votes.
Lincoln Ndirangu Lincoln Ndirangu(LinkedIn)
Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...

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