Lendplus Technology (Pty) Ltd
Lend Plus is an Authorised Financial Services Provider and a Registered Credit Provider
Company Reg no.: 2023/805154/07, Credit provider Reg no.: NCRCP17814
Phone:
+27 87 107 9722
Website:
https://lendplus.co.za/
Lend Plus is a registered South African online lender offering quick, unsecured short-term personal loans from R500 to R4,000.
The entire process is digital – you apply via their website or Android app, get approved in 15–30 minutes, and receive funds in your bank account or eWallet within an hour.
Loan Terms
- Loan amount: from R500 to R4,000
- Repayment term: from 5 to 90 days
- Interest rate: 0.17% per day, maximum 60% APR
- Initiation fee: 15% of the loan amount
Borrower Requirements
- South African citizen or legal resident with a valid SA ID
- At least 18 years old at the time of application
- Valid South African mobile phone number
- Active SA bank account receiving regular income
- Latest 3 months of bank statements in PDF format
- DebiCheck authorization for automatic repayments
- Applicants with poor credit or blacklisted status may still apply
How to Apply and Get a Loan
- Create a profile using your mobile number (verified by SMS)
- Upload your SA ID and last 3 months' bank statements
- Use the built-in loan calculator to select amount and term
- Submit your application – decision in 15–30 minutes
- Sign the agreement and authorize DebiCheck
- Funds transferred to your bank account or eWallet within 1 hour
- The process is 100% online and available 24/7.
Repayment Conditions and Methods
Repayment methods
Debit order deduction
When you apply for the loan, Lend Plus arranges debit order deduction of your loan repayment from your verified bank account. The payment will be deducted on the due date. Please make sure there are enough funds in your account before or on the due date.
Payment via your personal account
If you decide to repay the loan before or after the payment deadline, an alternative payment option is available through our partners in your personal account at lendplus.co.za/user/login
Options:
- Capitec pay
- EFT
- OZOW
- Pay in store
- Card
DebiCheck: Required for confirming automatic deductions
Where to check payment amount: Personal account or call +27 87 107 9722 (8AM–5PM Mon–Fri)
Other Terms
- Early repayment: Allowed and credited immediately; outstanding balance remains due on original date
- Loan extension/postponement: Submit application in personal account, pay accrued interest and commissions, sign agreement
- Late payment: Late fee applies if you pay after the due date; contact support to find optimal solution
- Grace period: Not explicitly stated for South African loans; late fee applies immediately after due date
- No judgments required: Applicants with negative credit history may still apply
Key Features
- Fully digital process - 100% online, no paperwork
- Fast approval - 15–30 minutes decision
- Same-day payout - Funds within 1 hour after approval
- eWallet option - Instant transfer on weekends/holidays
- Open to bad credit - Blacklisted applicants may apply
