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Personal Loans in Durban

Are you living in the coastal city of Durban and looking for some financial help? Use our calculator tool to compare personal loans in Durban and find the right option for your needs.

Simply input your desired loan amount and repayment period below to browse through top Durban lenders.

Calculate repayments

Get up to R250 000 over 1 – 84 months. Choose between the amount you want, the monthly installment that suits your pocket, or the option that gives you the lowest interest rate. Credit is approved in minutes and the money is available immediately. Pay fixed monthly repayments.
MoneyShop find the best loan suited to your profile with SA’s top loan providers. They have partnered with SA’s top personal loan providers to make your online application process quick and easy! Have a regular income of more than R4,000, bank statements and your SA ID? Apply online today.
Get up to R250 000 over 1 – 84 months. Choose between the amount you want, the monthly installment that suits your pocket, or the option that gives you the lowest interest rate. Credit is approved in minutes and the money is available immediately. Pay fixed monthly repayments.
Get up to R250 000 over 1 – 84 months. Choose between the amount you want, the monthly installment that suits your pocket, or the option that gives you the lowest interest rate. Credit is approved in minutes and the money is available immediately. Pay fixed monthly repayments.

RCS General Purpose Loan

RCS
12 months
to 60 months
R2,000
to R250,000
15.00%
APR
A cash loan from R2 000 up to R250 000. Fast, paperless application process. Decision in seconds. Cash in your account within 24 hours. Flexible repayment options; choose from 12 to 60 months. Free monthly statement via email or SMS. Customer Protection Insurance. Interest from as low as 15%. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.
Simplify your debt with one consolidation loan. Combine up to 5 loans into one single consolidation of up to R250 000 and get one lower repayment. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.

African Bank Personal Loan

African Bank
7 months
to 72 months
R10,000
to R250,000
15.00%
APR
Loans up to R250,000. Terms between 7 months and 72 months. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.

BayPort Personal Loans

BayPort
6 months
to 72 months
R20,000
to R250,000
15.00%
APR
It is easy to apply for a Bayport personal loan of up to R250,000 with our simple online loan application process and personalised service. Once you have registered, all it takes is a minute, to find out if you qualify for a Bayport personal loan. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.

Direct Axis Consolidation Loan

DirectAxis
12 months
to 60 months
R5,000
to R250,000
15.00%
APR
Instead of having many accounts to pay each month, you’ll only have a single monthly payment. You could improve your monthly cash flow. We’ll do the legwork, your loan will be used to settle your retail or credit accounts, or existing loans. Any money remaining you can use as you please. Repayments are fixed Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.

Direct Axis Personal Loan

DirectAxis
12 months
to 60 months
R1,000
to R250,000
15.00%
APR
A personal loan from R1000 up to R250 000. Fast, paperless application process. Decision in seconds. Cash in your account within 24 hours. Flexible repayment options; choose from 12 to 60 months. Fixed monthly repayments. Free monthly statement via email or SMS. Optional Customer Protection Insurance. Interest from as low as 15%. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.
MoneyShop find the best loan suited to your profile with SA’s top loan providers. They have partnered with SA’s top personal loan providers to make your online application process quick and easy! Have a regular income of more than R4,000, bank statements and your SA ID? Apply online today.

Personal Loan - Average Credit

MoneyShop
12 months
to 72 months
R10,000
to R250,000
24.75%
APR
MoneyShop find the best loan suited to your profile with SA’s top loan providers. They have partnered with SA’s top personal loan providers to make your online application process quick and easy! Have a regular income of more than R4,000, bank statements and your SA ID? Apply online today.
Goods from R2 000 up to R250 000 can be purchased at accredited stores. Flexible repayment terms from 6 up to 72 months to suit your pocket. No deposit required. Straightforward application process. A loan from a trusted bank for the goods you need. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.

Nedbank Personal Loans

Nedbank
6 months
to 72 months
R2,000
to R350,000
24.75%
APR
Loans available from R2 000 to R300 000*. Flexible repayment periods from 6 up to 72 months. Monthly repayments debited from your bank account. The best possible interest rate that we can offer you. Easy online loan application process. Apply via MoneyShop, they will help to ensure you're matched the best lender suited to you.
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Minimum and maximum loan periods vary between 1 months and 10 years. Comparison interest rates vary between 6.55% and 60% p.a. Total interest repayments vary between R685.05 and R844.12 over the life of the loan. *Comparison rate is based on an unsecured loan of R20,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

Personal loans in Durban – South Africa

Shop for your personal loan in Durban in one place

At CompareLoans, we have a range of South African lenders featured in our comparison tables above. You can also view our list of popular, personal loan lenders – click on your choice and find more details we have added to make your search easier and faster.

How do personal loans work in Durban?

Typically, you can apply for a loan amount between R8001 and R300 000 taken over 12 months to 84 months. The following types of loans are also available:

  • Unsecured. No collateral required.
  • Secured. Collateral in the form of a house, car, or other asset is required. The asset can be seized if you fail to repay your personal loan.
  • Variable-rate. The interest rate is likely to fluctuate as you pay your loan.
  • Fixed-rate. The interest rate remains unchanged as long as you’re still paying off your loan.

How does a personal loan help you?

Personal loan uses include:

Comparing personal loans in Durban

Use this 3-point checklist to find the best available loan offer to suit your budget and needs:

  • Interest. Keep in mind, the exact rate you get is based on whether you have bad, average, good or excellent credit. However, finding a lender with a low base interest rate ensures you get the most competitive deal for your credit score.
  • Monthly loan repayments. Our calculator shows your estimated monthly instalments. Adjust the sliders to choose a loan amount and loan term, then click calculate. Compare the results for each lender and pick the option with the best repayment terms.
  • Fees. To reduce the total cost of borrowing, look for a loan with low fees. Most personal loans include an initiation fee, monthly service fee, and early or late payments charges. Choosing a short term also helps to keep costs down.

Can you find blacklisted personal loans in Durban?

You can find bad credit personal loans in Durban, which is good news if you have a bad credit score. Consider a joint-applicant loan or a secured loan to increase your chances of approval and to avoid paying a lot of interest. Alternatively, you can apply for a no-credit-check, payday loan in Durban.

What you need to apply

General requirements state that you must be 18 years or older with a regular, monthly income. You must also provide the following documents:

  • Copies of your government-issued, South African ID;
  • Proof of income – bank statements and payslips; and
  • Proof of residence.

How to apply for a personal loan online in Durban

  1. Browse our comparison tables and compare loans.
  2. Visit your chosen lender’s website by clicking their “Go to Site” button.
  3. Provide the required details in the online application form and upload documents.

Popular personal loans searches

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