Get More with Samba Loans – Borrow up to R50,000 with Fixed Rates

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Looking for a reliable and straightforward loan option? Samba offers personal loans of up to R50,000, exclusively available to Samba members after six months of membership. With fixed interest rates of 12.5% per annum, you can plan your repayments with confidence, knowing your instalments won’t change over time.

Why Choose a Samba Loan?

  • Fixed Interest Rate: Enjoy a stable 12.5% per annum rate.
  • Flexible Repayment Terms: Repay over up to 24 months.
  • Loan Amounts: Borrow up to R50,000 based on eligibility.
  • Simple Application Process: Minimal paperwork and quick processing.

What Do You Need to Apply?

To apply for a Samba loan, ensure you have the following:

  • Completed Loan Application Form
  • Most recent month’s bank statement or payslip (financial statements if self-employed)
  • Copy of your ID
  • Proof of Residence

Loan Repayment Illustration

Here’s a breakdown of estimated monthly instalments based on a 12.5% p.a. fixed interest rate:

Loan AmountTermMonthly InstalmentTotal Paid
R 5 00024 MonthsR 236.54R 5 676.96
R 15 00024 MonthsR 709.61R 17 030.64
R 25 00024 MonthsR 1 182.68R 28 384.32
R 40 00024 MonthsR 1 892.29R 45 414.96
R 50 00024 MonthsR 2 365.37R 56 768.88

Apply Online for a Samba Loan

Applying for a Samba loan is quick and easy. Click here to complete your online application today.

Contact Samba

  • Address: The Blocks | Block C, C/o Topsy Smith & T T Cloete St, Bloemfontein
  • Phone: 051 448 0111
  • Fax: 051 430 7564
  • Email: info@sambakoop.com
  • Office Hours: Weekdays 8:00 – 16:30

More Samba Financial Services

  • Samba Card – Shop at over 25,800 stores across South Africa.
  • Insurance – Protect what matters with Samba’s insurance plans.
  • Retailer Network – Find out where you can use your Samba card.

Samba Co-operative Limited is an authorised financial services provider (Nr.18212) and a registered credit provider (NCRCP 1270).

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