Personal Loan
We've got the personal loan for you
Flexible amounts and repayments
Choose from our wide range of Personal Loans of up to R350 000 with flexible terms up to 84 months.
Switch your Personal Loans to us and Save!
Save more when you switch to Upib with a personalised interest rate based on your credit profile.
Personalised Interest Rate
We offer you a personalized interest rate based on your credit profile.
How to apply and get your money fast
Apply right here or from any of our Digital Banking platforms, by visiting a branch or call us on 0860 100 321.
You will need the following documents:
South African ID book or card
Last three months payslips or bank statements
Non-UPIB customers also need proof of residence e.g. municipal or rates bill (not older than three months)
Self-employed:
ITA34 Tax Certificate
6 months financial statements
Official letter from accountant/bookkeeper attesting to your financial/accounts health.
Pensioners:
Pension statement or retirement annuity statement.
What you need to know
To apply for a personal loan over 12 months or more, you need to:
Earn a regular monthly income of at least R2 000 per month
Have a bank account into which your income is paid
Be 18 years or older
To apply for a smaller personal loan over 2 to 6 months, you need to:
Earn a regular monthly income of at least R1 500 per month
Have an active UPIB bank account into which your income is paid
Be 18 years or older
Compare our loans
Personal Loan
All-purpose borrowing, for both planned and unplanned expenses.
Amount
Up to R350 000
Repayment term
84 Months
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
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
What could my loan instalment be?
Repayment term:
From 12 to 84 months (from 2 months for current UPIB customers)
Interest rate:
Personalised Annual Percentage Interest Rate (APR), starting from a minimum of 13,75% per annum.
Estimated interest repayment:
The estimated monthly repayment on a R50 000 loan taken over 36 months at an interest rate of 18% per annum would be R2 113*.
*Includes all service and initiation fees.
Credit Protection Plan:
The UPIB Credit Protection Plan will cover you in the event of death, disability, critical illness, terminal illness or loss of income. Credit life insurance is mandatory for all personal loans.