The Woolworths Personal Loan is a financial solution designed to cater to the needs of individuals who need extra cash. Fixed term personal loans are offered. 

What do I get from the Woolworths Personal Loan?

The loan amount you are approved of is dependent on your individual risk and affordability criteria. Woolworths takes into consideration your individual financial standing when granting personal loans. So the loans are truly personalised.

You get the benefit of fixed repayments for the full term of the loan. This way you don’t have to worry about fluctuating interest rates to affect your monthly instalment.  You can also budget better because you know exactly how much you need to pay every month.

There are low initiation and monthly service fees.

No penalties are charged for early settlement (this excludes loans under R10 000).

Once the loan is approved, cash is deposited directly into your account. You don’t have to wait too long for the money to unlock your financial freedom. You can then use it to pay for school fees, pay for your car repairs or settle an outstanding medical bill. It’s up to you.

Repayment periods are flexible, giving you the option to repay over 12, 24, 36, 48 or 60 months. Woolworths will work out a reasonable repayment plan which will be best suited to your individual needs.

You get protection in the event of unfortunate circumstances. Balance Protection Insurance options include Basic Balance Protection and Comprehensive Balance Protection.

What are the qualifying criteria of the Woolworths Personal Loan?

  • You must be 18 years or older
  • You must have a valid South African Identity Document
  • You must be permanently employed
  • You must earn a minimum salary of R2000 per month
  • You must have an active bank account

Contact Woolworths by calling: 0861 50 20 10 or send them an email here: