A clearer view of borrowing.Free to compare. Always your choice.

Personal loans, with a clearer picture.

Explore unsecured loan products for a planned expense. Compare the amount, term and complete repayment before deciding.

Start with your need

Compare the same amount and term across written quotes. A higher available limit does not mean you need to borrow more.

Look at the full cost

Interest is one part of the price. Check initiation fees, service fees, insurance and total repayment.

Keep it comfortable

Use your take-home budget, existing commitments and a realistic buffer to test a proposed repayment.

11 loan options from 11 lenders to explore

AbsaPersonal LoanBank
Loan amountUp to R 350 000
Repayment term12–84 months
Interest rateFrom 13.75%Annual interest; personalised
View lender
Bank personal loan
Fees & details

Fees & insurance

The 2026 Personal Loan fee table includes VAT. Insurance is an additional component to confirm in your quote.

Initiation fee
Up to R1,207.50, including VAT, according to the 2026 pricing guide. Confirm your exact charge.
Monthly service fee
R69 per month, including VAT, in the 2026 pricing guide.
Credit life / protection
Mandatory for Personal Loans. The Credit Protection Plan lists death, disability, critical illness, terminal illness and loss-of-income cover, subject to its terms. The reviewed product page does not publish the premium or calculation basis; obtain the policy schedule and confirm replacement-cover requirements.

Before you apply

  • 18 or older; valid SA ID
  • At least R2,000 monthly income paid into a bank account
  • Proof of income and affordability assessment

What to check

The product page says 12–84 months, from 2 months for existing Absa customers; general pricing says 1–84. Filters use the specific 12–84 range. Online applications start at R3,000 per the Express page; a universal minimum is not confirmed. Absa calls its starting rate APR; all-in APR is not verified.

Source checked 7 November 2026. Registration stated by lender: NCRCP7.

CapfinPersonal loanNon-bank
Loan amountR 1 000 – R 50 000
Repayment term6, 12, 24 months
Interest rateConfirm by termMonthly and annual rate labels differ
View lender
6, 12 or 24 months
Fees & details

Fees & insurance

The FAQ publishes VAT-inclusive repayment examples. Its insurance FAQ and examples disagree on the premium; obtain a current written breakdown.

Initiation fee
R535 in the R4,000 repayment examples, including VAT. This is an example, not a universal fee or formula.
Monthly service fee
Up to R69 per month in the repayment examples, including VAT.
Credit life / protection
Mandatory; equivalent replacement cover is allowed. The insurance FAQ states R5.50 per R1,000 of the loan amount per month, while the R4,000 / 12- and 24-month examples show R14 monthly. Confirm the premium and calculation basis in your quote. Cover includes death, disability and qualifying loss of income, subject to policy terms.

Before you apply

  • Age 18+ with a valid South African ID
  • Permanent employment and a monthly salary
  • Three recent payslips or bank statements
  • A supported South African bank account and cellphone number

What to check

The homepage labels 5–28.25% as annual interest. The FAQ instead gives up to 5% monthly for its six-month example and 28.25% annually for 12/24 months. We do not present the homepage minimum as an annual offer. Amount/term combinations depend on assessment. An NCR number was not confirmed in the pages reviewed.

Source checked 7 November 2026. Registration number not confirmed in the reviewed sources.

CapitecPersonal loanBank
Loan amountUp to R 500 000
Repayment termUp to 84 months
Interest rateFrom 12.75%Annual interest, personalised
View lender
Flexible loan terms
Fees & details

Fees & insurance

Figures below come from the credit rates page effective 24 September 2026. Your written quote sets the final charges.

Initiation fee
R1,207.50 once off in the published personal-loan examples. No universal formula or explicit VAT breakdown is given in that table.
Monthly service fee
R69 per month in the published personal-loan examples. Confirm VAT treatment in your quote.
Credit life / protection
Published range: R2.58–R4.50 per R1,000 per month. The representative example uses R3 per R1,000 of the outstanding balance each month. Confirm your premium, covered events, exclusions and replacement-policy requirements in the policy schedule.

Before you apply

  • Credit and affordability assessment
  • Proof of income and identification
  • Confirm your required documents with Capitec

What to check

The dated rates page (effective 24 September 2026) shows 12.75%; the general product page shows 12.50%. We use the dated rates page. The minimum depends on the loan amount and term. Minimum amount and term are not confirmed here.

Source checked 7 November 2026. Registration stated by lender: NCRCP13.

DirectAxisPersonal loanNon-bank
Loan amountR 5 000 – R 350 000
Repayment term24–72 months
Interest ratePersonalisedFixed rate for your loan term
View lender
Fixed interest rate
Fees & details

Fees & insurance

The public calculator shows example costs, not a personalised quotation. Insurance is not itemised on the reviewed product page.

Initiation fee
R1,207.50 in the rendered calculator for R50,000 over 72 months. A universal formula and VAT treatment are not confirmed.
Monthly service fee
R69 per month in the calculator. Confirm the amount and VAT treatment in your quote.
Credit life / protection
The reviewed product page does not specify the insurance premium, calculation basis, compulsory status or replacement-cover conditions. Request the current protection policy and an itemised quote before accepting.

Before you apply

  • Regular monthly income of at least R5,000
  • A good credit record
  • South African ID, address confirmation and recent proof of income

What to check

28.25% is the calculator example rate, not a promised minimum. Approval, final pricing and available terms depend on assessment.

Source checked 7 November 2026. Registration stated by lender: NCRCP20.

Finbond Mutual BankPersonal CreditBank
Loan amountR 500 – R 25 000
Repayment termUp to 24 months
Interest rateNot publishedInterest, fees and insurance need a quote
View lender
Mutual bank personal credit
Fees & details

Fees & insurance

The Personal Credit page does not publish a numerical cost breakdown. Request the complete pre-agreement quotation; savings rates are not loan prices.

Initiation fee
A numerical initiation fee, formula and VAT treatment are not disclosed on the reviewed Personal Credit page.
Monthly service fee
A numerical monthly service fee and VAT treatment are not disclosed on the reviewed Personal Credit page.
Credit life / protection
The reviewed product page does not confirm compulsory status, a premium, calculation basis, covered events or replacement-cover conditions. Ask whether insurance applies and obtain the policy schedule; unknown does not mean free.

Before you apply

  • Certified ID
  • Latest three months payslips
  • Latest three months bank statements
  • Certified proof of address

What to check

The amount range is R500–R25,000 with up to 24 months to repay; a minimum term is not published. Although the lender uses short-term wording, this listing is in personal loans and makes no statutory classification.

Source checked 7 November 2026. Registration stated by lender: NCRCP6172.

FinchoicePersonal loanNon-bank
Loan amountUp to R 25 000
Repayment term6, 12, 24 months
Interest ratePersonalisedRequest a complete written quote
View lender
6, 12 or 24 months
Fees & details

Fees & insurance

The loan agreement explains how fees are charged; the linked protection policy explains insurance. Numerical charges still require a pre-agreement quote.

Initiation fee
Applies at the start of the loan and can be paid upfront or added to the balance and repaid in instalments. The reviewed agreement does not set out a numerical tariff.
Monthly service fee
The service fee is specified in the pre-agreement quotation. A current numerical amount and VAT breakdown are not published in the reviewed agreement.
Credit life / protection
The Personal Protection Plan is mandatory, with equivalent replacement cover allowed. Premiums are calculated per R1,000 of the initial balance (the deferred amount at inception); no numerical premium rate is published. The policy schedule determines covered risks and benefits; exclusions apply.

Before you apply

  • Identity and affordability checks
  • Supporting documents requested by the lender
  • DebiCheck mandate before disbursement

What to check

The product page does not confirm a minimum amount or a general interest rate. Promotional offers have their own conditions and are not included in our comparison.

Source checked 7 November 2026. Registration stated by lender: NCRCP8162 / NCRCP23514.

FNBPersonal LoanBank
Loan amountR 1 000 – R 450 000
Repayment term66 / 72 months — confirm
Interest rate15.15–28.25%Fixed annual interest for long-term loans
View lender
Fixed interest; confirm repayment term
Fees & details

Fees & insurance

FNB publishes representative costs and product-specific insurance conditions. Example figures and promotional waivers are not universal prices.

Initiation fee
R1,207.50 where applicable in the R30,000 / 24-month example. Confirm your fee, VAT treatment and any Credit Switch or top-up waiver in the quote.
Monthly service fee
R69 per month in the representative example. VAT treatment is not explicit in that example.
Credit life / protection
The official FAQ requires cover for terms longer than seven months and permits suitable own cover. The Customer Protection Plan includes death, disability and qualifying loss-of-income protection, subject to conditions. R100 per month is the R30,000 / 24-month example premium, not a general tariff; the calculation basis needs confirmation.

Before you apply

  • 18 or older; permanent South African resident
  • Permanently employed or self-employed
  • Income paid into a bank account
  • Supporting documents depend on whether you are an existing customer

What to check

The official page conflicts: long-term pricing says 1–66 months, while a feature says up to 72. Term bounds remain unconfirmed and this product is excluded from specific-term results. Its separate short-term monthly rate is not applied to the R450,000 limit.

Source checked 7 November 2026. Registration stated by lender: NCRCP20.

NedbankPersonal loanBank
Loan amountR 2 000 – R 400 000
Repayment term6–84 months
Interest ratePersonalisedRate depends on your credit profile
View lender
Consolidation available
Fees & details

Fees & insurance

The 2026 pricing guide includes VAT. The separate insurance cost must be confirmed in the loan quote.

Initiation fee
The guide lists R165 plus 10% of the limit above R1,000, capped at R1,207.50. Confirm the exact charge in your quote; the product page says it is added to the borrowed amount.
Monthly service fee
R69 per month, including VAT, in the 2026 personal-loan pricing table.
Credit life / protection
Nedbank says personal loans include insurance, with the premium built into the instalment. Personal Loan Assurance covers death, disability and loss of income, subject to conditions and waiting periods. No numerical premium tariff or calculation basis is confirmed on the policy product page. Ask about equivalent replacement cover and the applicable policy schedule.

Before you apply

  • Income and affordability assessment
  • Identity and supporting documents
  • Confirm the exact requirements with Nedbank

What to check

The dated 2026 guide confirms R2,000–R400,000 and 6–84 months. It states a maximum interest rate of prime + 17.5 percentage points; the product page uses inconsistent numerical examples. No guaranteed starting rate is listed here.

Source checked 7 November 2026. Registration stated by lender: NCRCP16.

Old Mutual FinancePersonal loanNon-bank
Loan amountR 2 000 – R 250 000
Repayment term3–72 months
Interest rateUp to 28%Fixed annual interest; personalised
View lender
Fixed-rate personal borrowing
Fees & details

Fees & insurance

Old Mutual publishes a fee formula and states when credit life premiums apply. The final premium still needs a quote.

Initiation fee
R165 plus 10% of the loan amount above R1,000, capped at R1,050 excluding VAT. The R5,000 / 3-month example shows R649.75.
Monthly service fee
R60 per month excluding VAT; the representative example shows R69 including VAT.
Credit life / protection
Charged monthly for loan terms of 12 months or longer, based on the loan amount at application. The reviewed page does not give the premium rate, covered events or replacement-policy conditions. Confirm these in the policy and quote; no zero-cost assumption is made for shorter terms.

Before you apply

  • South African citizen aged 18–60
  • Income of at least R2,500 a month
  • At least three months with the same permanent employer
  • ID, latest payslip and three months of bank statements no older than seven days

What to check

The page publishes a 28% annual maximum, not a minimum or an all-in APR. Available amounts and terms depend on assessment. Use a current written quote for the exact insurance and full repayment.

Source checked 7 November 2026. Registration stated by lender: NCRCP35.

SanlamPersonal loanNon-bank
Loan amountR 4 000 – R 350 000
Repayment term12–84 months; see available terms
Interest rateConfirm current rateFixed annual interest; source labels differ
View lender
Fixed-rate personal borrowing
Fees & details

Fees & insurance

Sanlam’s public example includes an initiation fee and monthly service fee. The product page and application portal identify different credit providers, so confirm the current tariff and insurance in the SanlamGoTyme quotation.

Initiation fee
R1,207.50 in the R50,000 representative example. The page says your initiation fee depends on your risk profile. A universal fee formula and VAT treatment are not confirmed there.
Monthly service fee
R69 per month in the example and calculator. Confirm the amount and VAT treatment in your current written quote.
Credit life / protection
The product page says every loan includes a Personal Protection Plan covering death, permanent disability and specified serious illnesses, with limited temporary-disability cover and a retrenchment benefit equal to six instalments. Equivalent replacement cover is allowed. The premium, premium basis and detailed exclusions are not published on the reviewed page; confirm them with the current provider.

Before you apply

  • Age 18+ and a South African citizen with a valid ID
  • A mobile number, email address and three bank statements showing three salary deposits
  • The application declaration excludes debt review, administration and insolvency
  • Spousal consent where required by your marital property regime

What to check

The product page lists NCRCP272; its Apply now link leads to SanlamGoTyme, NCRCP22861. The calculator offers 12, 18, 24, 36, 48, 60, 72 and 84 months, while other copy mentions a three-month minimum. Our filters use only the calculator terms. The page also mixes a 16–28% interest range, a 24.5% example and a 27.29% maximum APR label. We do not present these as a verified current rate range or calculate a lender-specific repayment. Confirm current fees, cover and legal entity before accepting an offer.

Source checked 7 November 2026. Registration stated by lender: NCRCP22861 (application portal); NCRCP272 (product page).

Standard BankTerm LoanBank
Loan amountR 1 000 – R 300 000
Repayment term12–84 months
Interest ratePersonalisedFixed annual rate; quote required
View lender
Available to other-bank customers
Fees & details

Fees & insurance

The Term Loan includes credit life. The January 2026 mandatory policy is used below; the separate voluntary policy is not treated as this loan’s tariff.

Initiation fee
R1,207.50 including VAT in the R30,000 / 36-month example. It can be paid separately or added to the loan; the example is not a universal fee formula.
Monthly service fee
R69 per month on the product page and in its representative example. Confirm the VAT breakdown in your quote.
Credit life / protection
Mandatory Loan Protection Plan, with suitable replacement cover allowed. Monthly premiums change with the average outstanding loan amount; the policy schedule sets the price. The January 2026 policy covers death, disability, loss of employment and specified critical illness, with exclusions and waiting periods. The general page’s R4 voluntary-plan administration fee is not added to this loan.

Before you apply

  • 18 or older; South African ID
  • At least R3,000 monthly income
  • Proof of address under three months old
  • One payslip and three bank statements

What to check

The published rate ceiling is prime + 17.5 percentage points; no starting rate is confirmed. The 24.75% representative example is not a minimum. The voluntary protection plan’s separate administration charge is not applied to this loan.

Source checked 7 November 2026. Registration stated by lender: NCRCP15.

A selection of the market, not every lender. Rates and approval depend on your circumstances. How we compare

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Published product information. Request individual quotes to compare your actual costs.

At a glance
Loan amount
Repayment terms
Rate & basis
Customer status
Initiation fee
Monthly service fee
Credit life / protection
Cost notes
Before you apply
What to check
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