Home Improvement Loans in South Africa

Home Improvement Loans in South Africa



Builders offers efficient home improvement loans with flexible payment terms of up to 48 months. These loans are suitable for customers who are planning a home upgrade or renovation for up to R120 000. Once all your details have been submitted and your loan has been approved, you can expect same day results.

Visit www.builders.co.za


Ithala traditionally offered home loans and banking services to black areas (townships and rural areas of Kwa-Zulu Natal) during the apartheid era. Nowadays the institution focuses on lower income groups.

Ithala has 51 branches across South Africa, with the majority of them situated in the KZN area. Ithala strives to provide individuals with finance to be able to get their own homes or to make some improvements on existing property.

Home Improvement Loans offered by Ithala are secured by a Company Guarantee or pledge of pension/provident fund benefits.

The repayment term is 12 to 240 months.

To qualify, you need to:

  • Be permanently employed
  • Salary or wage earner
  • Earn a salary of R3500 and above
  • Be a member of the Pension/Provident Fund listed under the Financial Services Board

Visit www.ithala.co.za

Direct Axis

Home Improvement Loans from Direct Axis are offered from R4000 to R150 000. Repayment terms are offered from 24 to 72 months.

One of the benefits is that repayments are fixed and you also get money in your account, fast. There are no penalties for early settlement of the loan.

Visit www.1home.co.za

Real People

Real People assists clients with the purchase of bricks and cement, roofing material, plumbing material, doors and window frames, fencing, burglar gates and paint, etc.

The institution has partnered with Mica, Buco, Builders Warehouse, Build It etc to provide clients with simplified home improvement solutions.

Loans are available at a minimum amount of R1000 to a maximum of R100 000 while repayment terms are set at a comfortable 48 months.

The application process is quick and easy. Start by completing an online form to check if you qualify. If you qualify, go to any participating retail stores near you to complete the application process.

Once you are approved for the loan, the money is paid directly to the store to pay for building or renovations.

Visit www.realpeople.co.za



Categories: Loans

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