Personal Loans FAQs
What are the loan repayment terms?
Repayment terms for an Auto & General Personal Loan are from 12 months to 5 years (60 months) and based on the Loan Options table below.
Will my loan repayments be affected by interest rate fluctuations?
No. The interest rate on your loan will be fixed at our current interest rate for your full loan term, so your repayments will never increase, even if the interest rate goes up.
Can I choose how I make my repayments?
For your convenience, your repayments will be deducted by debit order from the bank account into which your salary is paid every month.
How can I protect my family?
Every Auto & General Loan includes our Personal Protection Plan, which settles your outstanding loan balance in the event of your death, permanent disability or certain dread diseases. It also provides limited cover in the event of temporary disability and should you be retrenched, a once-off payment equal to six instalments will be paid out to you. Of course, you're free to substitute the plan with a policy of your choice, providing the cover offered is equivalent.