How to get a personal loan at Depfin Finance

• Loan amount: R30 000 – R10 000 000
• Loan term: Short term loans typically repaid within a few weeks to months,
• Long term loans can be paid from2 years – 10+ years.
• Interest rate: Loans are calculated at a 6 percent interest rate.
• Fees: Initiation fee and monthly service fee
• Loan types: Short term, medium term, Long term personal loans and consolidation loans.

About Depfin Finance

Depfin Finance serves as a financial service provider for the diverse range of customers in all sectors of economy. Their mission is to offer solution based services through dedicated relation management. They also offer mortgage, business and consolidation loans.

How to apply for Depfin Finance loans online application form

Typical loan application steps are given below.

• Visit the Depfin Finance website and then register yourself with them.
• Simple online application takes 5 minutes to complete.
• Add your name, South African ID number, nationality, email address, and password. Accept their terms and conditions and press the next step button.
• After creating your login ID and password, you can open your account anytime and apply for a loan.
• Add your most recent stamped income proofs or payslips to the account.
• Press the Submit tab to finish the application process.
• Depfin Finance advisors are always ready to assist you through a phone call incase you experience any confusion throughout the loan application.

Application requirements

• South African ID number
• Bank account details
• Three months stamped bank statement.
• Proof of residential address
• Mobile phone number registered in your name
• Your lastest pay slip from the current employer.

Who is Eligible for Depfin Finance loans?

To be eligible for a loan, these are a must-have.

• Loan applicants can only be South African residents.
• The applicant requires to be above 18 years of age.
• The applicant must have a bank account in their name.
• They also must have a registered mobile number under their name in their possession.
• Must be currently employed.

Depfin Finance loan interest rate?

The interest rate offered by Depfin Finance to a newcomer is a 6% simple interest rate.

How long does Depfin Finance take to approve a loan?

Depfin Finance loans can be credited to your account within 24 hours approval on all applications. Their simple online application takes less than 5 minutes to complete and claim to have a fast flexible approval process.

Who is Depfin Finance best for?

Depfin Finance loan is best for borrowers who:

• Need either small or huge amounts of money without the hassle of long exhausting bank loan applications.
• Need a convenient and fast application process that’s 100% online
• Have big projects and need a large amount of cash injection to complete or start them for example, buying a house or building your own home.
• Want to spoil themselves like going for vacations or buying a car.
• Want to invest in their children’s education or themselves.
• People who need money to start a business.
• People who need a large amount of money to pay off all their extra mini loans and just remain with one.

Pros of Depfin Finance

Fast and convenient loans: Pop up financial emergencies like medical financial needs or delayed salary can be solved when you apply for this loans as it is easy to get approved.

Flexibility : Depfin Finance can finance your loan even if you are blacklisted, all they do is perform a necessary credit check and calculate your affordability.

Lower Interest Rates: Depfin Finance provides you with a longer paying term which can often reduce the interest rate and raise your chances of qualifying for a bigger loan.

Multiple Loans : You can apply for another loan while you have a loan with them provided you can afford it and have been paying well with them.

Convenient : You can receive or call their consultants to help you with whatever enquiry making the application easier.

They have an office to visit : Depfin has provided their branch address on their website in case you feel the need for some face-to-face customer service while applying for a loan.

Cons of Depfin Finance

Limited options : Depfin website does not provide much information about themselves unless you have registered with them.

Not Accommodating : Depfin will not approve your loan as a newly permanently employed citizen. You have to be permanently employed for more than 3 months to be qualifying for a loan.

Depfin Finance Loans Contact Details

For questions and concerns, you can reach Depfin through any of the following methods:

Phone: 0875107793 / 0836174518

Email (Info): info@depfinfinance.co.za

Whatsapp Chat: +27 69 249 5335