Think smart solar

Finance

Acquiring finance is simple and fast

What you need to apply:

  1. Monthly income of at least R5 000
  2. Up to 3 months’ recent bank-generated PDF statements or payslips as proof of income
  3. A clear copy of your ID document
  4. Details of the account into which your salary is paid
  5. Proof of address

Estimated monthly repayments:

Personal loan of R20,000 – R795 per month over 6 years

You can apply at the following financial institutions

1. Old Mutual

  • Loan amount available – R2,000 to R200,000
  • Loan terms – 3 Months to 84 months
  • Montly Service fee – R69.00 per month
  • Initiation fee – R649,75
  • Interest rate – 24.75%
  • Credit Life – minimum R16.67, maximum R25,42 per month
2. Nedbank
  • Loan amount available – R2,000 to R300,000
  • Loan terms – 6 Months to 72 months
  • Monthly Service fee –
  • Initiation fee –
  • Interest rate – 18 to 24.75%
  • Insurance – R8.07 per month
   
3. WesBank/Direct Axis
  • Loan amount available – R5,000 to R200,000
  • Loan terms – 24 Months to 72 months
  • Monthly Service fee – R69
  • Initiation fee –
  • Interest rate – 24.25 to 24.50%
  • Insurance –

4. Absa

  • Loan amount available – R2,000 to R350,000
  • Loan terms – 12 Months to 84 months
  • Monthly Service fee – R69
  • Initiation fee –
  • Interest rate – prime + 17.5%
  • Insurance –

     

5. Standard Bank

  • Loan amount available – R3,000 to R300,000
  • Loan terms – 12 Months to 72 months
  • Monthly Service fee – R69
  • Initiation fee –
  • Interest rate – 24.75%
  • Insurance –

 

6. Capitec
  • Loan amount available – R5,000 to R200,000
  • Loan terms – 12 Months to 84 months
  • Monthly Service fee – R69
  • Initiation fee – R1,207.50
  • Interest rate – 14.20 to 24.75%
  • Insurance –

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