Personal Loan Calculator

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IMPORTANT

  • Initiation fee charged at 16.50% for the first R1,000 and 10% of every thousand thereafter capped at R1,207.50 including VAT.
  • Monthly service fee of R69.00, VAT inclusive, included in monthly repayment of all loan applications
  • Credit life assurance premium included in monthly repayment of all loan applications
  • Indicative interest rate for short-term loans is 5% monthly and other loans at 27.50% annually
  • All fees and interest are NCA compliant

Please note that this calculator should not be used for any other purpose except the assumptions provided based on your input. Ubank Limited does not warrant neither expressly nor impliedly, the accuracy, reliability or completeness of the calculations or formula provided. Ubank Limited shall not be liable for any loss or damage whether direct or indirect resulting from use of the calculators. You are requested to contact Ubank Limited directly for any calculations or assessments.