Old Mutual is renowned across South Africa to be an effective insurance provider both for personal and business needs. Old Mutual has however developed over the years into a comprehensive financial institution with a wide array of products and services. In this regard, the Old Mutual personal loan stands out as one of the leading products. This loan has been tailored for individuals who would like to get finance for needs such as renovating a home, buy a new car, pay for unforeseen medical expenses, buying a TV etc.
This personal loan offers up to R100,000 with repayment periods running from a minimum of 3 months to a maximum of 48 months. These loans carry fixed interest rate at the time of the personal loan application but the interest rate applied will be determined by an individual clients credit score. To qualify for this loan, a client should be employed for three months with the same employer, be 18 years of age but clients should note that the personal loan agreement must cease prior to the age of 60 with a minimum term of 12 months, be in possession of a valid South African ID, provide a payslip which is not older than 1 month and provide consecutive bank statements for the last 3 months.
To access the Old Mutual personal loan, clients can call 0860000886 and trained consultants will be glad to assist.