Personal LoansR2,000 to R300,000
Whether you need to consolidate debt, cover an unexpected expense, or fund a major purchase — we connect you with trusted South African lenders for fast, straightforward personal loans.
Personal loans — the basics
A personal loan is an unsecured loan — meaning you borrow a fixed amount and repay it over a set term with a fixed monthly instalment. You do not need to put up your home, car, or other assets as security.
Personal loans in South Africa are regulated by the National Credit Act (NCA). Interest rates are capped by law. All lenders must conduct an affordability assessment before approving any loan.
What to expect
Fast approval
Both African Bank and RCS offer online pre-qualification in seconds. Funds can be in your account within 24 hours of full approval.
Fixed interest rate
Your interest rate is fixed for the full loan term — no surprise increases. Repayments stay the same every month.
Flexible loan amounts
Borrow from R2,000 up to R300,000 depending on your income and affordability assessment.
No collateral required
Personal loans are unsecured — you do not need to put up your car, home, or other assets as security.
What you will need to apply
South African ID
Valid South African ID or residency permit required.
Stable income
Must be employed or self-employed with a stable, verifiable income.
Bank account
A South African bank account in your name for repayment debit orders.
Proof of income
Recent payslips or 3 months of bank statements. Some lenders can auto-fetch via bank API.
2 trusted South African lenders
We connect you with the lender you prefer. They conduct their own credit and affordability assessment — we earn a referral fee if your loan is approved.
African Bank
South Africa's leading specialist bank
Loan range
R2,000 –R250,000
Loan term
7 months –72 months
Interest rate
Up to 27.75% p.a. (NCA maximum)
Standard fees
R1,207 initiation fee + R69/month service fee
- Fixed interest rate for full loan term
- Credit life insurance included
- Funds deposited within 24 hours of approval
- Pre-qualification answer in seconds
RCS
Part of BNP Paribas Group
Loan range
R2,000 –R300,000
Loan term
12 months –60 months
Interest rate
Up to 27.75% p.a. (NCA maximum)
Standard fees
R1,207 initiation fee + R69/month service fee
- Bank statements auto-fetched via bank API
- Funds deposited within 24 hours of approval
- Insurance products available (credit life, funeral)
- Strong retail and financial services network
All repayment figures shown in the quote flow are indicative only and not a credit offer. Your actual rate and repayment are confirmed by the lender after their own credit assessment.
Personal loans FAQ
Are the repayment amounts shown guaranteed?
No. All repayment figures shown are indicative estimates based on a standard interest rate. Your actual repayment depends on your credit profile, the lender's affordability assessment, and the final interest rate offered. This is not a credit offer.
What interest rate will I get?
Interest rates are personalised. The NCA maximum is 27.75% per annum. Your rate depends on your credit score, income, and the lender's own assessment. The lender will disclose your exact rate before you sign.
What happens after I apply through INSURELOANSA?
We send your contact details to the lender you choose. A consultant from that lender will contact you, conduct a full credit and affordability assessment, and confirm your loan offer. INSURELOANSA does not lend money — we are a referral service.
Does applying affect my credit score?
INSURELOANSA's referral process is not a credit check. However, when the lender you choose conducts their full credit assessment, this will appear on your credit record as an enquiry. This is normal and standard for all credit applications in South Africa.
Check your loan options today
Answer a few quick questions and SAM will show you an indicative repayment estimate for African Bank and RCS. You choose who to connect with. No credit check. No commitment.
Check my loan optionsINSURELOANSA provides a referral service for personal loans. We connect you with registered credit providers regulated under the National Credit Act (NCA). We do not lend money, assess creditworthiness, or guarantee loan approval. Repayment figures shown are indicative estimates only and do not constitute a credit offer or credit agreement. The lender will conduct their own full credit and affordability assessment before any loan is approved.