Personal finance
Personal Loans
Finance qualifying planned expenses, family needs and important personal goals.
Product overview
Standard applications from R10,000 to R500,000.
LENDTEL presents this product at a fixed annual interest rate of 6%. The approved amount and repayment period depend on identity, income, affordability, supporting documents and final approval.
Common uses
- Medical or family expenses
- Home repairs and improvements
- Relocation or travel costs
- Education-related household expenses
- Important once-off personal costs
Need more than R500,000? Selected special requests up to R2,000,000 may be considered. Contact LENDTEL for enhanced requirements.
Common application requirements
- Valid identification
- Recent proof of income
- Latest three months’ bank statements
- Recent proof of residence
- Additional documents requested during assessment
Additional documents may be requested based on the selected product and application circumstances.
Representative repayment illustration
| Loan amount | R10,000 |
| Interest rate | 6% per annum |
| Repayment period | 12 months |
| Estimated monthly instalment | R860.66 |
| Estimated total repayment | R10,327.97 |
| Estimated total interest | R327.97 |
Reducing-balance illustration based on the displayed loan amount, 6% annual interest rate and selected repayment period. It is an estimate and not a quotation or approval.
Important conditions: Same-day processing applies to complete applications. Same-day payout is available only after approval, signed agreements, successful verification and completion before applicable banking cut-off times. Neither approval nor payout is guaranteed.