Short-term loan
One repayment, about a month after payout.
- Amount
- R500–R3 000
- First loan up to
- R2 000
- Term
- 1 month
- Example, R1 500 over 1 month
- R1 640.00 total
Short-term, instalment and personal loans
Online loans with clear costs and repayments
Borrow from R500 to R20 000 in South Africa and see every rand of interest and fees before you continue. One interest rate on every loan: 2% a month on what you still owe.
Estimate your repayments
See an estimate of your repayments before you continue. Your final offer depends on the lender’s assessment.
Estimate · not a quote
Example: R3 000 over 3 months, first loan
Total to repay
R3 370.79
2 × R1 123.59, then a final R1 123.61.
- You receive
- R3 000.00
- Interest at 2% a month
- R120.79
- Initiation fee, once
- R130.00
- Service fee, R40.00 × 3
- R120.00
- Total to repay
- R3 370.79
This is an estimate, not a loan approval. All applications are subject to credit and affordability checks. Pricing version RL-PRICE-2026-10, reviewed 30 October 2026.
Paid partner link. RandLeaf’s own applications aren’t open yet, so this goes to a partner’s application. The partner’s amounts, rates and fees can differ from the RandLeaf examples here. How this works.
- The same 2% monthly rate, R50 starting initiation fee and R40 monthly service fee on every RandLeaf loan.
- Equal monthly instalments, with any cent of rounding shown on the last one.
- No application fee, no paid membership and no credit life insurance added to the price.
Clear about who you deal with
The loans and prices on this site are RandLeaf’s own. Our application service isn’t open yet, so “Apply online” is a paid partner link, and we say so wherever it appears.
Registered with the NCR
Registration number: NCRCP not yet published. How to check it yourself.
Prices you can recalculate
Our rates, fees and rounding rules are public, so every example on this site can be checked by hand.
Three ways to borrow
Pick the loan by how you want to repay
Each loan uses the same price list. What changes is the amount, the term and how many repayments you make. Fewer months cost less in total.
Instalment loan
Two to six equal monthly instalments.
- Amount
- R1 000–R8 000
- First loan up to
- R5 000
- Term
- 2–6 months
- Example, R3 000 over 3 months
- R3 370.79 total
Personal loan
Seven to twelve equal monthly instalments.
- Amount
- R5 000–R20 000
- First loan up to
- R10 000
- Term
- 7–12 months
- Example, R8 000 over 9 months
- R9 511.12 total
What you pay
The full price, line by line
This is the same example the calculator starts with. Nothing is added later: there are no other compulsory charges.
Example · RL-PRICE-2026-10
R3 000 instalment loan over 3 months, first loan
- You receive
- R3 000.00
- Interest at 2% a month
- R120.79
- Initiation fee, once
- R130.00
- Service fee, R40.00 × 3
- R120.00
- Cost of credit
- R370.79
- Total to repay
- R3 370.79
2 × R1 123.59, then a final R1 123.61.
- Interest
- 2% a month, worked out each month on the part of the loan you still owe. As you repay, the interest gets smaller.
- Initiation fee
- R50 plus 4% of the amount above R1 000, charged once. It is split evenly across your repayments and never earns interest.
- Service fee
- R40 for each month of the loan.
- Insurance
- None is added. We don’t charge for credit life insurance on any loan.
Who it suits
Before you apply, check you meet the basics
You’ll need
- To be 18 or older and live in South Africa with a valid South African ID
- A bank account in your own name that receives your income
- A regular income you can show with recent payslips or bank statements
- Room in your monthly budget for the repayment after your other expenses
- A cellphone number and email address that are yours
A loan is not the right step if
- You are already behind on other credit repayments. Talk to us or a debt counsellor first.
- You are under debt review or have applied for it
- You would need a new loan to repay this one
How to apply
Four steps, and you see the price at the first one
RandLeaf’s own online application service isn’t open yet. Until it is, the Apply online button takes you to a partner’s application through the LeadGid affiliate network. How the partner route works. This website never asks for your ID, bank details or documents.
Estimate the cost
Choose a loan, amount and term. The calculator shows the total and every repayment.
Get your details ready
Your ID, a recent payslip or bank statement, and your monthly expenses.
Apply and be assessed
We check your identity, your credit record and whether the loan is affordable for you.
Sign, then get paid
If approved, you get a written quote and agreement. The money is paid after you accept.
How the process works, with timings
Apply online
Paid partner link. RandLeaf’s own applications aren’t open yet, so this goes to a partner’s application. The partner’s amounts, rates and fees can differ from the RandLeaf examples here. How this works.
First loan or coming back
Same checks, same rates. Different limits.
Your first RandLeaf loan
- Short-term up to R2 000, instalment up to R5 000, personal up to R10 000
- Full identity, credit and affordability assessment
- The interest rate and fees are exactly the ones published here
Coming back after repaying
- You can apply for up to each loan’s maximum, up to R20 000
- Every application is assessed again. A previous loan does not guarantee approval.
- You may be able to use the proposed RandLeaf Roots benefit
Proposed programme · not active yet
RandLeaf Roots: a smaller fee when you come back
R30off the initiation fee on a new approved loan
For customers who have fully repaid a RandLeaf loan in the last 24 months. It’s free, there is nothing to sign up for, and it never replaces the affordability check. It doesn’t raise your limit either.
Returning customer? Explore the benefits and conditions of RandLeaf Roots. Until the operator confirms a start date, no benefit is applied.
Getting paid and repaying
How the money moves
Explained in public, before you apply. These pages don’t show personal balances: those are in your agreement and statements.
Payout
After you sign, the loan is paid into the bank account you verified. Bank processing times can add a day.
Repayments by DebiCheck
You approve a debit order with your own bank. It runs on your chosen date for the agreed amount.
Settling early
Ask for a settlement figure at any time. You pay the balance and interest up to that day, not the future months.
Help without a login
Something not going to plan?
Having difficulty making a repayment? Contact our support team to discuss the available options. The earlier we talk, the more options there usually are.
Who we are
RandLeaf is a South African lender
We built RandLeaf around one idea: you should be able to see and check the full cost of a loan before you share a single personal detail. Our legal entity and NCR registration are shown in the footer of every page, and on the registration page with a link to the official register.
Check us before you trust us
Look up our NCRCP number on the National Credit Regulator’s register and compare the company name. How to spot someone pretending to be us.
Plain-language guides
Read before you borrow
What a loan really costs
Interest, initiation and service fees, and how to add them up yourself.
How to compare two loan offers
Put two quotes side by side and find the cheaper one in five minutes.
Is that loan message really from us?
The signs of a fake lender, and what we will never ask you for.
Questions
Straight answers
How much can I borrow?
From R500 to R20 000, depending on the loan. A first loan goes up to R2 000 (short-term), R5 000 (instalment) or R10 000 (personal). The amount you’re offered depends on your affordability assessment.
What does a R3 000 loan over 3 months cost?
On a first loan you repay R3 370.79 in total: 2 × R1 123.59, then a final R1 123.61. That includes R120.79 interest, a R130.00 initiation fee and R120.00 in service fees.
Is the calculator result an offer?
No. It is an estimate based on our public prices. Your actual offer comes in a written quote after we assess your application, and it can be for a smaller amount or be declined.
Do you check my credit record?
Yes. We check your identity, your credit record and your income and expenses. The law requires lenders to assess affordability, and we would not lend without it.
Can I get a loan if I am under debt review?
No. If you are under debt review or have applied for it, a new loan isn’t allowed. Your debt counsellor can explain your options. Help with repayment difficulties.
How quickly is the money paid?
After you accept the agreement, we send the payment on the next payment run. When it reaches your account depends on your bank. Payout times explained.
Can I repay early?
Yes, at any time and without a penalty. Ask for a settlement figure and you’ll pay what you owe up to that day. How early settlement works.
Do I need an account on this website?
No. There is no login here. This site explains our loans and costs. For now, “Apply online” takes you to a partner’s application, where the partner’s own terms apply.
What is RandLeaf Roots?
A proposed benefit for returning customers: R30 off the initiation fee on a new approved loan. It is not active yet. About RandLeaf Roots.
What if I can’t make a repayment?
Contact us before the repayment date if you can. We will look at your situation and explain the options that apply. What to do if you are struggling.
Know the full cost before you decide.
Pick an amount and a term. The calculator shows every rand of interest and fees, and the date order of your repayments.