One application, multiple offers from banks and NCR-registered lenders. Terms up to 72 months, rates capped by the NCA.
A personal loan in South Africa lets you borrow R1,000 to R250,000 over 6–72 months. Interest is capped at the repo rate + 21% per year (±28–29% max), and every lender must be NCR-registered. Cash Today matches you with multiple lenders through one free application that doesn't affect your credit score.
Personal loans are unsecured — you don't put up your car or house as security — and can be used for almost anything: home improvements, education, medical costs, a car deposit, a wedding, or consolidating expensive store accounts and credit cards into one payment (see our dedicated debt consolidation loans page).
Your instalment depends on the amount, term and your personalised rate. As a rough guide at 27.75% p.a. with fees included:
| Loan amount | 24 months | 48 months | 72 months |
|---|---|---|---|
| R20,000 | ±R1,180/month | ±R760/month | ±R640/month |
| R50,000 | ±R2,860/month | ±R1,820/month | ±R1,520/month |
| R100,000 | ±R5,650/month | ±R3,570/month | ±R2,980/month |
These are estimates only — try our loan calculator for a personalised breakdown, and remember a longer term means lower instalments but more interest in total.
A less-than-perfect credit record doesn't automatically disqualify you — read our guide on getting a loan with bad credit.
Estimate instalments and total cost for any amount from R500 to R250,000.
Read more →NCA interest caps, initiation fees, service fees and credit life insurance — in plain English.
Read more →Combine store accounts, credit cards and loans into one cheaper monthly payment.
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