Discovery Bank – Loan details

Personal loans up to R350,000 with Vitality Money benefits

Loan amount R5K – R350K
Interest from 14.50%
Term 12 – 84 months
Approval 24 hours

Pros

  • ✓ Lower rates for Vitality Money members
  • ✓ App approval within 24 hours
  • ✓ Same-day payout to Discovery account
  • ✓ No fees on early settlement under R250,000

Cons

  • ✗ Must be a Discovery Bank client
  • ✗ Higher rates without Vitality Money discount
  • ✗ Limited branch network

Requirements

  • 18+ years old
  • South African ID
  • Discovery Bank transactional account
  • Three months bank statements
  • Latest payslip

Company information

Discovery Bank Limited
1 Discovery Place, Sandton, Johannesburg, 2196
https://www.discovery.co.za/bank/

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.co.za is an independent comparison portal operated by double technology s.r.o., Czech Republic.