Rating based on 1,359 reviews
InstaLoan is a registered credit provider with South Africa’s National Credit Regulator: NCRCP7380
About – InstaLoan
Instaloan has a worldwide tech-based organization that has joined forces with MTN to bring clients a complete online platform to access loans.
Our loans are easily accessible and our loan turnaround times are fast. We give you access to the short-term loan you need when times are hard and unexpected expenses arise.
100% online and paperless process
As an MTN client you get cash fast through our helpful USSD or site application. Loans faster than you will find anywhere else.
We take the stress out of getting a loan and you will skip the long queues and large amounts of paperwork.
Our quick loans are paperless and all you need to apply is your ID and payslip.
Loans up to R2, 500
You can easily access a loan up to R2500 a month with a repayment term of up to 3 months. Our interest rates are low due to the short repayment times.
Services – InstaLoan
We used our years of experience to develop a loan application process that is easily accessible for clients.
Simplicity of our application process
- Register an account and fill in the online loan application and your banking details
- Transfer your 3-month statement
- An SMS notification will be sent to you as soon as your applications have been approved
- We will transfer the funds to your account
The requirements to apply for a loan
- You must be at least 18 years old
- You must have a monthly salary
- You must be a South African
- You must have an MTN PDA number
Use our convenient loan calculator
On our website you will find a loan calculator that will help you determine the exact amount you need to repay on the short term loan. This will also include the interest rate. Your loan amounts will depend on the repayment term you choose.
Summary of Services
- SHORT-TERM Loans
Instaloans – Cash in your pocket when you need it fast
We are always striving to bring you loans with convenience in order for you to reach your financial goals.
Getting a fast loan from us is one of the best decisions you can make. Our expert staff will always make sure that you understand loan options and that your loan is processed in the fastest possible time.
How do I get an MTN Instaloan?
- Choose the amount you need on our loan calculator after you have registered your account.
- We will conduct a credit check
- You will receive an SMS as soon as your short-term loan has been approved
- Login to arrange for the cash to be deposited into your bank account
- MTN cash clients can use the USSD by dialling *120*668# and select “loans”
Our advanced tech ensures that we can get you access to a loan as fast as possible. You can take back control over your finances with our affordable instant loan options and low interest rates.
When emergency expenses arise, contact us immediately to get your fast payday loan. At Instaloan, we will help you cover those expenses. Visit our website and apply now
Customer Reviews & Testimonials
I am so tired of the long and drawn-out process that borrowing money has become over time. At InstaLoan you can rest assured that your loans will be received in an instant without the hassle. Their entire lending process is 100% paperless and online which keeps me happy all day!
— Welkom —
The short-term loans at InstaLoan are perfect for those months where cash is a bit tight. With their small borrowing amounts you can rest assured that their repayments are low too. You have the freedom to choose your repayment term without the concern of a long-term debt.
De Wet B
— Bloemfontein —
InstaLoan made choosing a loan amount so simple. I was concerned about my future finances until I came across their online loan calculator. With the assistance of the loan calculator I was able to find the sweet balance between loan repayments and loan terms. Thanks InstaLoans for thinking ahead!
— Odendaalsrus —