Balungile Cash Loan in South African

Balungile Cash

Balungile Cash Loan

Balungile has served thousands of South Africans in their need for a quick loan. They provide unsecured personal loans, which means you don’t need to submit any collateral in order to secure the loan.

The company’s head office is located in Vereeniging, Gauteng. They immediately cater to customers within that area, although they also lend to all South Africans in the country.

Their goal is to improve the lives of their clients by helping them get through tough times. The personal loans they offer are meant to be used for emergency purposes and bridge unexpected financial gaps.  With this, they only loan a limited amount of money which can be easily repaid in a matter of months.

Getting Your Loan

You can give them a call to let them know about your loan request. You’ll be received by finance specialists who will guide you through the whole application process. You’ll be required to submit some documents so better have them on hand to make the approval process faster.

After submitting all requirements and documents, you can get a response in a few minutes. Their approval process is one of the fastest in the lending industry in the country – 15 minutes is all they need to decide whether to award you the loan or not.

The maximum amount you can borrow is R4 500. The loaned money is wired within 24 to 48 hours after your application is approved.

This is enough for emergency purposes and ideal for situations where you’re suddenly short of money to pay for something. Their quick approval process is a lifesaver for many South Africans.


Interest & Fees

Balungile charges fees and interest that are bound by the National Credit Act. This ensures customers that Balungile have are dealing with competitive and reasonable rates.

They’re very transparent with their rates and they don’t charge hidden fees like other small lenders do.


Repayment Schedule

Balungile cash loans must be repaid within 3 months. Their terms are very flexible and you can discuss it with them to suit it to your capability.

The repayment is automatically deducted from the bank account you provided. It should have enough balance to pay for the loan installment when the agreed repayment schedule comes. Failure to pay your balance on time can result in fees and penalties.



Balungile have very simple requirements to get your application approved.

  • A citizen of South Africa, age 18 and above
  • A copy of your ID book
  • Three months’ worth of bank statement
  • Proof of residence like billing statements and rent contract
  • Most recent payslips

Contact Details

Finance specialists are ready to answer your calls and attend to your questions about their products and services. You can reach them through the following lines:

Phone: 016 455 1990 or 016 455 5896

You can visit their office located at the following address:

Office Address: 5 Justice, Leslie St, Vereeniging, Gauteng, 1930, South Africa

Their office is usually open from 8:00 AM to 4:30 PM from Monday to Friday. They’re also open on Saturdays but for a shorter period of time.