Old Mutual Personal Loan
Personal loans up to R250,000 from South Africa's leading financial services group.
Last checked on July 28, 2026. We may earn a commission when you click through.
Old Mutual Personal Loan
Updated 2 months agoAPR Range
15.0–28.0%
Amount
R5k–R200k
Term
12–60 months
Type
personal
You'll be redirected to oldmutual.co.za
Our Verdict
Old Mutual offers a range of personal loans with a maximum amount of R250,000, ideal for those in need of flexible financing options.
Best For
This loan is best for individuals with a high credit tier looking for affordable and transparent borrowing solutions.
Watch Out
Ensure you fully understand the terms and potential fees, as these can impact the total cost of your loan significantly.
Full Review
Old Mutual's personal loans are designed to provide financial flexibility in times of need, whether for emergencies or personal projects. With loan amounts ranging from R2,000 to R250,000, and repayment terms from 3 to 72 months, borrowers can find terms that best suit their financial situation. The affordability assessment is a positive aspect, ensuring that loans are granted only to those who can manage repayments comfortably.
However, potential borrowers should be cautious of the total costs involved, including interest rates and associated fees, which can vary significantly based on one's credit profile. Compared to other lenders, Old Mutual's focus on transparency is commendable, as they provide clear explanations of the loan structure and costs. On the downside, individuals with lower credit ratings may face higher interest rates or limited loan options, which could make it more challenging to secure a loan.
Overall, Old Mutual remains a strong contender in the personal loan market, particularly for those with good credit histories.
Requirements
- South African ID
- Age 18+
- Employed with R3,000+ salary
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