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Cooling-off period
We have set up a 7-day cooling-off period for the Personal Instalment Loan you successfully applied for and draw down. When early redeem the Loan in full within 7 calendar days of the drawdown date, we will waive the handling fee, the early redemption fee (2% of the outstanding principal) and the first month’s interest payable by the relevant customer under the Loan.
A gentle reminder: Cooling-off Period will not be entitled to the promotional offer.
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Questions related to “Instalment Loan”
Instalment loan required documentsWhen will the loan be credited to my account upon approval?How soon can I re-apply for a loan after refusalRequired monthly income for loan applicationsHow to repay your loan
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*‘No.1’ is defined by ZA Bank’s leading position in the virtual banking industry in terms of personal deposits and loan amount as of 30 June 2021.
ZA Bank has also gained the support of more than 400,000 users as of 31 July 2021, becoming the largest virtual bank in terms of user base. Source: media reports.
ZA Bank has also gained the support of more than 400,000 users as of 31 July 2021, becoming the largest virtual bank in terms of user base. Source: media reports.