There may be many reasons why you need to take out a personal loan. You may need to pay for education, renovate your home, go on an overdue holiday or simply cover unexpected expenses.

An Ithala Bank personal loan offers you a quick and easy access to cash to deal with personal emergences. Your application is approved while you wait and you also get flexible repayment terms making your repayment more affordable.

Here are some of the benefits:

  • Quick and easy application process
  • Your loan is approved and paid into your account while you wait
  • Introducing new flexible repayment terms from 1 month to 36 months
  • Affordable payment terms
  • Competitive interest rates

Do you qualify for an Ithala bank personal loan?

In order to qualify for a loan, you need to be:

  • Permanently employed or contract worker
  • A bank account holder with your salary electronically paid into bank account
  • Earning a salary of R1 500 and above

Instalments and fees

Monthly repayments are fixed throughout the term of the loan.

When you apply, you need to provide the following:

  • South African Green Bar-coded identity document
  • Latest payslip
  • 3 months bank statement
  • Proof of address with street No/ERF No. not older than 3 months

In the event of death, dreaded disease or temporary disability, Ithala is also offering you Insurance Cover to assist you in covering the cost of your loan.

To enquire about the Lifestyle Personal Loan, SMS Lifestyle, your name and area to 32968 and an Ithala representative will call you back. SMS charged at R1.00 Terms and Conditions Apply.