Requirements To Apply For Bayport Personal Loans


If you are looking for more information on Bayport personal loans you have come to the right place. We will start by telling you who they are. Bayport Financial services is an authorised financial services provider and registered credit provider.

As at the time of this review they currently offer personal loans of up to R250 000. Repayment terms of up to 84 months are given.

Bayport was established in 2004 and have continuously grown since then to become one of the largest non-bank providers of unsecured credit in South Africa. By unsecured credit we mean that you don’t have to provide any collateral in order to obtain a loan.

Who Can Apply For Bayport Personal Loans?

All those that meet their qualifying criteria are welcome to apply for a personal loan.

As already mentioned you can apply for an amount of up to R250 000 over 84 months. How much you qualify for will all depend on your credit profile and affordability.

Interest Rates and Fees

Representative example of a R100,000 loan repaid over 72 months with an Interest rate (APR) of 20% will have a monthly installment of R2,948.00.

Interest rate (APR) – 20%
Credit Advanced – R100,000
Term of Loan – 72 Months
Monthly Insurance Premium – R455.00
Monthly Service Fee – R68.00
Total Installment – R2,948.00

Why Apply For Bayport Personal Loans?

Well for starters if you are in need of extra funds, a personal loan will help you meet your financial obligations.

Bayport will take your needs into consideration. They believe in every customer’s ability to improve their lives through access to credit and other valuable financial solutions. For this reason they try and make sure credit solutions are easily available.

At Bayport Financial Services they believed in transparency and disclosure of information. You can have peace of mind knowing that important details about their personal loans will be hidden in some fine print.

Personal loans from Bayport are unsecured. No collateral is needed to get a loan.

Access to online financial affordability calculators, financial literacy resources and financial planning tools.

How you use the funds is entirely up to you.

Repayment terms on their loans are flexible. This allows you to choose terms that best suits your budget.

Bayport is committed to responsible lending. This means they will only approve a loan that you can afford.

What Is Needed And How To Apply

In order to apply for Bayport personal loans they will need a copy of your ID. They will also need your 3 months latest bank statements stamped by the bank. In addition to this Bayport will ask for your latest payslip and proof residence.

Application can be done in one of 2 ways:

1. You can apply online which is the convenient way as you can apply from anywhere and at any time.

2. The other way to submit an application is by visiting any of their branches countrywide. You can visit their website to use their branch locator to find a branch near you.

What conclusion can we reach?

Well, if you are looking for a personal loan you should definitely consider applying from Bayport. Their consultants are super-friendly and will seek to give you the best advice. So call them today and get your loan application underway.

Many South Africans have dealt with Bayport and given them good reviews. You can be guaranteed to also have your needs met.

Bayport Contact Details


Telephone:                   +27 (0) 87 287 4000


Physical Address:        3 Alice Lane, Sandton, 2196

Business Operating Hours

Monday – Friday (excluding public holidays): 08h00 to 17h00

Saturdays:   08h00 to 13h00

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