Old Mutual Personal Loan

How Does the Old Mutual Personal Loan Work, and What Are the Payment Terms?

Financial emergencies can arise unexpectedly, and having the right loan lender on hand can be crucial. An Old Mutual Personal Loan can be a lifesaver in any situation.

Old Mutual is a registered credit provider offering a wide variety of financial services Personal Loans with fixed interest rates are one of those services, if you want to pay unplanned expenses or planned an Old Mutual Personal Loan can easily assist you.

With an Old Mutual Personal Loan, you borrow an amount starting from a minimum of R5000 up to a maximum of R250 000 you can also choose the loan amount you desire if you need cash that is lower than R5000 and the repayment term ranges from 3 months up to 72 months and that will be determined by the loan amount you want.

Old Mutual Personal Loan Requirements

The following requirements must be met when applying for an Old Mutual Personal

  • You must be a South African citizen
  • 18 years and not older than 60 years
  • Permanently employed
  • Must be earning at least minimum of R2500
  • Have an active bank account where your income is paid
  • Having a good credit score will increase your chances of qualifying for the loan

Documents Required When Applying

When applying for an Old Mutual Personal Loan you must have the following documents

  • South African ID card or documents that’s valid
  • Recent 3 months bank statement
  • Recent 3 months payslip

Where To Apply For Old Mutual Personal Loan

Old Mutual has a range of platforms to apply for their Personal loan and once you have all the documents  and you meet the eligibility requirements mentioned above you can start applying

If your loan application gets approved your money will be sent to the bank account provided within 24 hours (1 day), any delays may be caused by the bank you are using.

Contact Details

To get in touch with Old Mutual you can use the following details:

  • Phone: 0860 5060 70
  • Email: service@oldmutual.co.za
  • WhatsApp: 0860 933 333

Old Mutual Personal Loan

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