• Unicorn Bank
    Looking:
Login
Login

Express loan

Exclusive to Upib customers, our Express Loan is the perfect solution if you need money and want to pay it back quickly! It’s a short term loan from R1 500 up to R8 000, with fixed repayments terms of up to 6 months.


New to Upib? Apply for an Express Loan at one of our branches or via the call centre. You can apply online for a personal loan from R3 000.

Why an Express Loan?

Build a good credit record

Get access to funds quickly for a short period and also build a good credit record with easy repayments via debit order.

Effective budget planning

The interest rate on the Upib Express Loan is fixed. This means that even if interest rates change, your instalment will remain the same.

Short term, more benefits

Pay for your emergency expenses or finance your dream weekend away without draining your savings.

Get quick and easy access to an Express Loan today

  • A valid South African ID document or Smart ID Card
  • You must be 18 years or older
  • Proof of residential address such as a municipal or rates bill and cellphone statement
  • Your last three months’ payslips or bank statements showing a minimum monthly income of R1 500
  • A transactional account with Upib or any other bank, active for three months or more

      • How it works

        • Apply at a UPIB ATM, Online Banking and Cellphone Banking

        • Accept the quote as well as the terms and conditions

        • Funds will be made available in your transactional account

        • Repayment amount is deducted from your transactional account.

        •  

        Pricing

        • Minimum repayment term of one month and maximum of six months

        • Maximum monthly interest rate (APR): 5% for first-time loan taken or 3% if the loan is taken in the same calendar year. Service fees and initiation fees apply

        • The monthly instalment on a R5 000 loan over six months at 5% per month would be R1 200. Terms and conditions apply

        Credit protection is required when you apply for a UPIB Express Loan. However, you have the option to cancel and replace it with your own existing credit life plan provided it remains in effect for the duration of the loan agreement.

        • Existing customer can apply online

        • Apply at any UPIB branch

Compare our loans

Express Loan

The perfect solution if you need money and want to pay it back quickly!

 

Amount
R1 500 –  R8 000

 

Repayment term
1-6 months

Personal Loan

All-purpose borrowing, for both planned and unplanned expenses.

 

Amount
Up to R350 000

 

Repayment term
84  Months

Instant Loan

Quick cash anytime, at any Upib ATM, Cellphone Banking or through Online Banking.

Amount
R350 – R8 000

Repayment term
Up to 35 days

Please note: To provide our products and services, we collaborate with other companies, some of which may use our branding. Our Privacy Policy does not apply to these companies’ websites. For their privacy policies, please refer to the respective service provider’s site.