10 Best loan apps & sites for instant loan in South Africa (2024)

There are many top loan apps where you can get your loan request verified without having to go through any stress or provide any collateral. We will look at them in this article. If you are looking for the best loan apps in South Africa, then you are in the right place. 

These loan apps have varying interest rates and provide loans to start a business or save you before the next salary day after you have run out of cash.

In this post, you’ll find the best loan apps in South Africa; you can apply for loans using these apps from the comfort of your home or office on your mobile phone. Continue reading to learn more about these loan apps.

Best loan apps and sites in South Africa

  1. Lime loans
  2. Better compare loans
  3. Finchoice
  4. Smart advance
  5. Qwiekfin loans
  6. Unifi loan app
  7. Festa loans
  8. Nifty Credit
  9. Capfin loans
  10. izwe loans

1. Lime Loans

Lime is one of the best platforms in South Africa; it allows you to apply for loans without providing any collateral. The application process is very fast, and you get your money immediately after completing your application. 

You have access to a loan at any time of the day. To apply, you have to follow the procedures below;

  • Visit their website.
  • Create an account and provide all personal details.
  • Choose your preferred loan option and provide the required documents.
  • Then the money will be disbursed to the account number you have provided.

2. Better Compare Loans

Better compare loans are long-term quick cash, it also provides loan calculators to make the loan process easy. Better loans offer high amounts of up to R18000 and a 24-month repayment plan in South Africa. The monthly interest rate is 24% which is R931.19 per month. Below are some of the requirements needed;

  • You must be 18 years and above.
  • You must be a citizen of South Africa.
  • You must have a bank account.
  • You must be employed.

3. Finchoice

Finchoice is another South African loan app that offers short-term, flexible loans. It’s accessible to all South Africans, and you can pay back what you borrow at the end of the month.

This loan app has earned a good reputation over the years and is open to people with good credit scores and employed

It is available on Google Play Store.

4. Smart Advance

Smart Advance is a reliable platform in South Africa. This loan app company works hand in hand with other companies and businessmen, and women to offer the best services to their customers.

They don’t bother about collateral, but you must be employed and receive your monthly salary to qualify for this loan.

5. Qwiekfin Loans

The Qwiekfin loans platform is among the most accepted loan platforms in South Africa. You can borrow up to R150,000 – an amount big enough to start an investment or buy something valuable. 

This loan app can bring your plans to life by providing the necessary funds you need to achieve these plans. The application process is easy and doesn’t take time.

6. Unifi Loan App

With the Unifi loan app, you can get fast loans in South Africa up to R8000. Simply sign in and fill out the online application form after that, you will get a quick reply to show if you qualify or not.

If you qualify, your loan will be credited to your account. Other requirements for qualifications are employment or proof of your monthly income and the latest bank statement.

It is available on Google Play store and Apple App store

7. Fasta Loan

Fasta is one of the easiest loan sites in South Africa. Their loan process is very quick. You can use them for rental payments, health emergencies, and other urgent personal needs. You need the following to apply:

  • Your mobile number to sign up
  • Answer the provided questions and verify your identity.
  • A bank account where the loan will be credited.

8. Niftycredit

Niftycredit is one of the leading loan apps in South Africa where you can get loans for up to R8000. This loan app processes your request within minutes; the app is simple to use and has great features that make the use of the app convenient for you. Below are the procedures to follow when applying for a loan in the app;

  • Open the app.
  • Open an account and fill out your details.
  • Fill out the loan form.
  • Submit the form for review.
  • Your loan will be credited to your account.

It is available on Apple App store.

9. Capfin Loans

Capfin is one of the most popular South African platforms. It is known for its flexible loan terms, and you can choose the 6 to 12 months repayment plans. With this loan app, you can plan your financial goals and get up to R50,000. Below are the requirements;

  • You must be employed and have a source of income.
  • Fill out the necessary loan form.
  • After review, your loan will be credited to your account.

10. Aloan

The Aloan loan app is a South African loan app that makes it easy to get a loan at any point in time to do whatever you want.

It offers long-term loans with flexible repayment conditions, and the interest rate is affordable. Application takes a few minutes, and you get your money credited to your account within 24 hours.

It is available on Google Play store.


When looking for the best loan app in South Africa, you need to consider the type, the requirements, and the amount of money you want. This will enable you to choose the appropriate loan app to borrow from. This is because some loan apps offer small amounts to help you when you run out of cash.

With this post, you won’t have to find it challenging to get the best loan app to borrow from. To make it easy, you can always choose from our list of the best loan apps in South Africa.

You can get a loan from some loan apps without proof of employment. However, they are subjected to high-interest rates. And you must prove that you do earn a regular income.

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Anthony Adewuyi

Anthony Adewuyi

Anthony is a Content Writer with MakeMoney.ng. He is passionate about Finance, Business, and Tech related topics. He is a Digital Entrepreneur with vast experience in Data Analytics and Advanced Google Analytics

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