A fixed-term, fixed-repayment loan for planned expenses — from consolidating debt to funding a life event — with no security required.
Know exactly what you'll pay each month for the full term, with no surprises.
Optional cover to settle the loan balance in the event of death, disability or retrenchment.
Approved funds paid directly into your Mzansi Bank account, often within 24 hours.
| Item | Indicative fee / rate |
|---|---|
| Initiation fee | Up to R1,208 (NCA-capped, once-off) |
| Monthly service fee | R69 |
| Interest rate range | 16.5% – 24.5% p.a., risk-based |
| Credit life cover | Optional, priced per R1,000 borrowed |
| Early settlement penalty | Capped under the National Credit Act |
Anything from debt consolidation to home improvements or a life event — unlike vehicle or home finance, there's no restriction on use.
Your rate is risk-based, determined by your credit profile and affordability assessment under the National Credit Act.
Yes, early settlement is allowed at any time, with penalties capped under the National Credit Act.
An adviser at Mzansi Advisors can help you see how a loan fits your broader budget — at no extra cost.
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