RCS Online Personal Loan – How to Apply?

Finding it hard to find a loan you can use immediately? Stop your search and take a look at what RCS has to offer. Their various financial services are sure to satisfy your needs. Read on to find out about the RCS personal loan and how you can apply.


RCS Online Personal Loan Features and Benefits

If you are looking for the fastest and most convenient way to get a loan, an RCS Online Personal Loan is what you are looking for. RCS allows for a speedy and paperless application process. In fact, you can even get a final decision within seconds. For those in immediate need, this option is also the most favourable as you will have the money in your account within 24 hours.

Aside from this, you are given flexible repayment options and a free monthly statement which you will receive via email or SMS.

Want a personal loan that can sustain and improve your lifestyle? RCS Online Personal Loan is for you. Here's how to apply:

Getting an RCS Online Personal Loan

To apply for an RCS online personal loan you must make sure that you satisfy the conditions. First, you must be 18 years old and above to be eligible for a personal loan. To start your application, you need to have a South African ID and a minimum monthly income of R 2,000. Moreover, you should have a bank account, as well as proof of income documentation.

You can begin the process by simply filling out and submitting their online form which can be found on the RCS website. Qualified applicants will be contacted by a representative of RCS. After this, you will be asked for your South African ID number and bank details for easier payments.


You can choose a loan amount between R2,000 to R 250,000 payable depending on the term you choose (from 12 to 60 months).

RCS Online Personal Loan Fees and Charges

Getting this personal loan is easy, but keep in mind that there are fees and charges you need to pay. With this loan, you are required to pay interest, the rate of which will be determined based on the loan amount and term, as well as your personal risks. If you are concerned about your interest rate, worry not because RCS abides by the National Credit Act which states that the maximum percentage should be 27.75%. What’s better is you can get a rate as low as 15%, making your loan more affordable.

Aside from interest, you will also be charged a one off initiation fee as soon as the agreement is established. Moreover, you will have to pay monthly service fees which will be debited from your account.

Your monthly repayment amount will depend on your loan amount and term.

Having access to money when you need it is one of the best things RCS can provide. With their loan offer, you can get your hands on the cash you need to sustain and improve your lifestyle.