Optional Insurance is Available Initiation Fee Monthly Service Fee Collection Fee
For your peace of mind, we offer you a choice of two Balance Protection Insurance options:
Basic Balance Protection and Comprehensive Balance Protection. Find out more.
Revolving personal loans: Up to R1207.50

Revolving personal loans: Up to R69.00
Fixed term personal loans: R57.50

Revolving personal loans: As per requirements of the Debt Collectors Act, No. 114 of 1998

Our choice of repayment periods and interest rates are designed to make it easier for you to manage your personal finances. Please note: The following examples are provided for illustrative purposes only. The actual calculations for your loan will be shown on the pre-agreement statement and quotation.

For illustrative purposes. Only applicable to new personal loan applications.

Loan amount12 Months24 Months36 Months48 Months60 Months
R 2,000R 186.71R 103.26R 75.86N/AN/A
R 4,000R 373.42R 206.53R 151.73N/AN/A
R 10,000R 933.54R 516.32R 379.32R 312.35R 273.35
R 20,000R 1,867.08R 1,032.63R 758.65R 624.71R 546.71
R 30,000R 2,800.62R 1,548.95R 1,137.97R 937.06R 820.06
R 40,000R 3,734.16R 2,065.26R 1,517.29R 1,249.41R 1,093.42
R 75,000R 7,001.54R 3,872.37R 2,844.92R 2,342.64R 2,050.15
R 85,000R 7,935.08R 4,388.68R 3,224.24R 2,655.00R 2,323.51
R 95,000R 8,868.62R 4,905.00R 3,603.57R 2,967.35R 2,596.86
R 105,000R 9,802.16R 5,421.31R 3,982.89R 3,279.70R 2,870.21
R 120,000R 11,202.47R 6,195.79R 4,551.87R 3,748.23R 3,280.25

The figures shown above are approximate and will vary according to interest rate fluctuations. Terms and conditions apply. The figures apply to new personal loan applications.  
Approval is subject to company risk and affordability criteria. The instalment is calculated at an interest rate of 21.50%. The instalment excludes the monthly service fee and optional balance protection insurance.  
The interest rate charged for both Revolving and Fixed Term Personal Loans will not exceed the maximum allowed by the National Credit Act.

Important Information

The figures shown above are approximate and will vary according to interest rate fluctuations.
We reserve the right to re-price our products at any time subject to Regulatory or Legislative charges. Interest rates appear on your monthly statement. The fees quoted are valid from 01 January 2024 and are inclusive of Vat. Woolworths Financial Services reserves the right to amend the product features or pricing at any time with reasonable notice. We further reserve the right to re-price our products at any time subject to Regulatory or Legislative changes.