Are looking for money from a trusted loan lender to handle a certain emergency, pay off some expenses or to renovate your house, Old mutual personal loan is the type of credit product that can help you.
Old Mutual has a quick and convenient application process when applying online or at the branch, but applying online can be a better option for many people because you can do everything in the comfort of your home.
With a personal loan from Old Mutual you can borrow from a minimum amount of R2000 up to maximum of R250000 enough to help you with your expenses and repayment duration ranges from 3 months to 72 months.
Old Mutual personal loan interest rates will be determined by your credit score and affordability the monthly service fee is R60 and every new loan has an Initiation fee of 10% in excess of the loan amount plus R165
Old Mutual Personal Loan Requirements
When applying for an Old Mutual personal loan you must meet the following requirements, that will really help you.
- Must be a South African resident
- Must be 18 years and not older than 60 years
- Permanently employed for 3 months or more
- Earning minimum of R2 500 monthly
Required Documents for an Old Mutual Personal Loan
To apply for the personal loan you must have the following document when applying online you’ll need soft copies and when applying on branch you must have hard copies of the documents.
- Valid South African ID document
- Recent Pay slips
- Recent 3 months bank statement
If you have the documents required and you meet the requirements, you can apply for an Old Mutual loan simply by phone call, online on the website or at a local branch and if your personal loan gets approved your money will be in your account in 24 hours.
Old Mutual Contact Details
Wanna get in touch with Old Mutual regarding their personal loan product?, you can use the following details.
- Call them on: 086 0000 866
- Email Address: GSEnquiries@Oldmutual.com
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