TymeBank – Loan details

Digital bank loans up to R250,000 with no monthly fees

Loan amount R1K – R250K
Interest from 15.00%
Term 6 – 72 months
Approval 24 hours

Pros

  • ✓ No monthly account fees
  • ✓ App approval in minutes for existing clients
  • ✓ No early settlement penalty
  • ✓ Free Pick n Pay banking kiosks

Cons

  • ✗ Must open a TymeBank account first
  • ✗ No physical branches
  • ✗ Limited loan history for new clients

Requirements

  • 18+ years old
  • South African ID
  • TymeBank account
  • Proof of regular monthly income
  • Three months bank statements if banking elsewhere

Company information

TymeBank
1st Floor Tygervalley Office Park, Tygervalley, Cape Town, 7530
https://www.tymebank.co.za/

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.