Loan repayment terms range from 12 to 60 months. The maximum interest rate with regards to an Auto & General Personal Loan* is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile. An illustrative example of a loan at an interest rate of 27.75% per annum would be: Loan amount R50,000.00 plus a once-off initiation fee of R1,207.50 and a monthly admin fee of R69.00, over 60 months. The total cost of the loan will be R99,340.40 which is an Annual Percentage Rate (APR) of 31.23%.