Rating based on 64 reviews


  • Short-term loans up to R2,500
  • Low rate loans
  • Repayment up to 90 days

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InstaLoan homepage
Author InstaLoan. Screenshot of InstaLoan website.
[Accessed January 30, 2023]

InstaLoan - Short-term loans up to R2 500

InstaLoan has a worldwide tech-based organisation that's joined forces with MTN to bring you a complete online platform to access loans.

Their loans are easily accessible and their loan turnaround times are fast. They 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 their helpful USSD or site applications. Loans are faster than you'll find anywhere else.

They take the stress out of getting a loan and you'll skip the long queues and large amounts of paperwork.

Their 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 of up to R2 500 a month with a repayment term of up to 3 months. Their interest rates are low due to the short repayment periods.

Easy accessible loans

They used their years of experience to develop a loan application process that is easily accessible for you.

The simplicity of their 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
  • They'll 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 their convenient loan calculator

On their website, you'll find a loan calculator that'll help you determine the exact amount you need to repay on a short-term loan. This will also include the interest rate. Your loan amounts will depend on the repayment term you choose.

InstaLoan – Short-term loan

  • Loan Type Short-term loans
  • Loan Amount up to R2,500
  • Repayment 7 days to 90 days

Benefits of InstaLoan

  • Improve your credit rating
  • Quick and easy loan application

Short-term loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Instaloans – Cash in your pocket when you need it fast

They're always striving to bring you loans with convenience in order for you to reach your financial goals.

Getting a quick loan from them is one of the best decisions you can make. Their expert staff will always make sure that you understand loan options and that your loan is processed in the fastest possible time.

How to get an MTN InstaLoan

  • Choose the amount you need on their loan calculator after you've registered your account.
  • They'll conduct a credit check
  • You'll receive an SMS as soon as your short-term loan has been approved
  • Log in to arrange for the cash to be deposited into your bank account
  • MTN cash clients can use the USSD by dialling *120*668# and selecting “loans”

Advanced services

Their advanced tech ensures that they can get you access to a loan as fast as possible. You can take back control over your finances with their affordable instant loan options and low-interest rates.

When emergency expenses arise, contact them immediately to get your fast payday loan. At InstaLoan, they'll help you cover those expenses. Visit their website and apply now.

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InstaLoan is a trusted & reliable provider of short-term loans

In our review, InstaLoan adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ InstaLoan is a registered credit provider in South Africa: NCRCP7380

Customer Reviews & Testimonials

June 2018

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. The...

Jess S
— Welkom —

October 2018

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 f...

De Wet B
— Bloemfontein —

March 2019

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 t...

Dean T
— Odendaalsrus —

InstaLoan Contact

Physical Address

  • Hendrik Potgieter Rd, Weltevredenpark Randburg Gauteng 1709 South Africa
  • Get Directions

Opening Hours

  • not available