Lime — loans online in South Africa

Lime24 offers fast digital payday loans entirely online, with funds transferred instantly to your bank account after approval. Lime24 uses advanced algorithms and machine learning to customise loan applications and offers interest discounts for loyal customers. 

Lime24 is a legitimate South African online short-term lender owned by Lime Loans South Africa (Pty) Ltd, registered with the Companies and Intellectual Property Commission (registration number 2015/239349/07) and regulated by the National Credit Regulator as NCRCP8077. 

Loan Terms

• Loan amount from R500 to R8,000
• Loan period from 5 to 90 days

Borrower Requirements

• Must be 18 years or older
• Must have a valid South African ID number
• Must have a valid South African bank account
• Must have a South African cell phone number
• Must provide your most recent payslip
• Must provide bank statements (last 3 months)
• Must have verifiable monthly income
• Must provide employment information and monthly expenses

Required documents

• Cellphone number
• SA ID number
• Bank account details
• Latest 3 months bank statements (showing latest 3 salary deposits)

How to apply and get a loan

Get your 1nd loan

1. Select your desired loan amount (R300–R8,000) and repayment term (5–35 days) and press "Get Money"
2. Create your profile by registering with your personal details
3. Fill in the online application form with the following information
4. Upload the required documents
5. Choose your required loan value and repayment term
6. Read your Pre-Agreement and Quotation and your Loan Agreement then sign electronically by clicking on “Get SMS Code”, lastly request and authorise your DebiCheck debit order.

Get your 2nd loan

1. Press “Log in” button, enter the mobile number that you used to register with
2. Verify your personal data and bank account details
3. Confirm your gross income, your latest net salary that appears on your bank statement and complete your monthly living expenses. Then upload your most recent 3 months bank statement showing your most recent 3 salary deposits.
4. Choose your required loan value and repayment term
5. Read your Pre-Agreement and Quotation and your Loan Agreement then sign electronically by clicking on “Get SMS Code”, lastly request and authorise your DebiCheck debit order.

Repayment term and methods

How do I repay my loan?

The amount specified in your Loan Agreement will be automatically deducted from your bank account on the due date through your registered Debit Order.

Can I repay the loan before the repayment date?

Yes, early repayment is your right. Simply click the Log In button, sign in with the phone number and password you used during registration, and generate your early repayment settlement. Then, pay the settlement amount through your bank. Please note: the settlement amount is valid only on the date you settle.

How do I repay an overdue loan?

Log in to your account using the phone number and password from registration, generate your settlement amount, and then pay it through your bank. Please note: the settlement amount is valid only on the date you settle.

What is DebiCheck?

DebiCheck is a secure system introduced by the Payments Association of South Africa (PASA) that requires you to electronically confirm your debit order details before a creditor can deduct money from your bank account. This gives you full control and protects against unauthorized debit orders. It prevents fraud by stopping two problems: unauthorized debit orders without your permission, and disputes over debit orders that do have valid mandates. DebiCheck is safe to use. DebiCheck was introduced by PASA according to industry standards, making the system secure. Your bank will guide you on how to confirm debit orders safely and electronically.

How does DebiCheck work?

• Choose your loan amount and period
• Confirm your debit order details electronically via your cell phone, bank app, computer, or ATM
• Lime24 receives confirmation once you approve the details
• Payment confirmation is required only once per loan

Key Features

• 100% online application — no need to visit a physical office
• Fast approval in approximately 15 minutes
• Instant fund transfer to your bank account
• Regulated by the National Credit Regulator (NCRCP8077)
• Data security with strong encryption
• Interest discount of 25% on your second loan after paying off the first one
• Early repayment allowed with no penalties
• Self-service options available through your online profile
• Customised loan experience using machine learning algorithms
• Available throughout South Africa