Simple, paperless credit designed for modern South Africans

South Africans can access structured financial assistance through VodaLend loans managed by Old Mutual Finance. The partnership operates under the National Credit Act, ensuring responsible lending and financial stability.

The fully online system allows for a convenient, safe, and efficient loan process, with minimal paperwork and quick turnaround times.

• Minimum amount: R2,000
• Maximum amount: R250,000
• Repayment term: 6 to 72 months
• Minimum APR: 15% (based on credit profile)
• Maximum APR: 28% (as regulated by the NCA)

VodaLend provides South Africans with a clear and reliable credit solution, combining convenience with compliance under Old Mutual Finance’s responsible lending standards.

By using digital tools, flexible repayment options, and regulated practices, VodaLend helps individuals manage their financial needs with transparency and accountability.

Important Information about VodaLend Loans

Unexpected expenses are common, and a VodaLend loan provides a structured financial solution with predictable monthly repayments.

Old Mutual Finance ensures that VodaLend complies with all lending regulations while maintaining a fully digital process for efficiency.

Applicants receive transparent details on costs and loan conditions before approval, supporting informed decision-making and responsible borrowing.

Vodacom users can conveniently access and manage loans via their mobile profiles, benefiting from integration with existing account systems.

The digital verification process simplifies applications and reduces waiting times, supporting faster, more reliable loan outcomes.

By choosing VodaLend, borrowers gain access to secure credit backed by national regulations and fair lending principles.

Advantages and Disadvantages of VodaLend Loans

VodaLend assists South Africans in achieving personal or household financial goals through accessible credit and well-defined repayment terms.

Before applying, it is important to understand the benefits and considerations that come with a regulated personal loan.

Advantages of VodaLend Loan

VodaLend offers digital personal loans that are easy to apply for, transparent in cost, and flexible in repayment options.

• Fast application and approval for Vodacom clients.
• Clear presentation of all applicable fees and interest rates.
• Fully online and paperless application process.
• Regulated by the National Credit Regulator (NCR).
• Loan amounts of up to R250,000.
• Repayment periods ranging from 6 to 72 months.

This approach promotes financial accessibility, efficiency, and adherence to responsible lending practices.

Disadvantages of VodaLend Loan

While accessible, VodaLend loans are subject to specific affordability and eligibility assessments to ensure responsible credit decisions.

• Credit approval depends on financial and credit assessments.
• Interest rates vary according to credit score and loan size.
• Proof of income and identification are required.
• Applicants may need an active Vodacom account.
• Monthly service fees and administrative costs apply.
• Not intended for short-term or microloans under R2,000.

Applicants should carefully evaluate their repayment capacity before entering into any credit agreement.

How to Apply for a VodaLend Loan

You can apply for a VodaLend loan securely online through Vodacom’s financial services platform, administered by Old Mutual Finance.

Eligibility and Requirements

Requirement	Description
Age	Minimum of 18 years old
Residency	Must be a South African citizen or permanent resident with valid ID
Credit history	Evaluated according to National Credit Act affordability rules
Proof of income	Recent payslips or valid bank statements required
Vodacom account	Preferably an active Vodacom subscriber

Meeting the eligibility requirements enhances approval prospects and supports compliance with regulated lending criteria.

Application Process for a VodaLend Loan

The VodaLend loan application is completed online and includes secure identity verification, affordability assessment, and credit checks.

1️⃣ Access Portal – Go to the official VodaLend application page via Vodacom.

2️⃣ Complete Application – Provide accurate personal and financial information.

3️⃣ Upload Documents – Submit proof of identity, residence, and income online.

4️⃣ Credit Review – Old Mutual Finance conducts affordability and credit checks under NCA guidelines.

5️⃣ Receive Offer – Eligible applicants receive a loan offer with detailed terms for review.

6️⃣ Funds Transfer – Once accepted, funds are deposited directly into the borrower’s bank account.

Borrowers can manage and monitor their repayments through Old Mutual Finance’s digital channels.

Representative Example of a Personal Loan in South Africa

Concept	Detail
Loan amount	R188,000
Term	48 months
Monthly repayment	R7,230.78
Total repayment	R347,077.45

Note: Figures are indicative and based on the VodaLend loan calculator. Actual terms vary according to applicant profile and lender evaluation.

Recommendations:

• Assess your repayment ability before applying to ensure affordability.
• Review the total repayment amount and interest cost for the full loan term.
• Confirm official terms, interest rates, and fees on the VodaLend or Old Mutual Finance website before signing.

VodaLend Personal Loan Overview

VodaLend loans, offered in collaboration with Old Mutual Finance, provide South Africans with a credible credit option supported by secure digital systems and transparent lending conditions.

Borrowers benefit from flexible repayment terms, fair interest rates, and simplified application procedures tailored to individual financial circumstances.

The partnership between Vodacom and Old Mutual Finance ensures compliance with all credit regulations while promoting responsible financial behaviour.

VodaLend stands out as a practical, regulated, and accessible personal finance option designed for South African consumers seeking dependable credit solutions.