Dunami Loans started in South Africa and now, 10 years later, has spread to other countries in Africa and the rest of the world! Dunami offers short-term loans to people who would otherwise not have access to credit and can be repaid as little as once per month. The company offers a wide variety of different loan types depending on your needs, including car loans, business loans, and more! Get in touch with Dunami Loans today and they’ll work out the perfect solution for you.
About Dunami Loans
Stellenbosch, South Africa-based Dunami Loan is an established credit services provider that has helped many South Africans by providing them with a way to take out a personal loan without going to a bank or any other physical institution. Notably, clients can get cash loans of between R1,000 and R5,000.
Online process provides clients with hassle-free small loans without meetings, annoying paperwork, or call–everything is done online 24/7. As such, loan applicants have their loans directly deposited into their accounts, and they are given up to a six-month repayment period. The application process is web and mobile-enabled, allowing clients to easily log in and apply for loans anytime and from anywhere as long as there is an internet connection.
How Does a Dunami Loan Work?
Dunami is an online lending platform with instant loans ranging from R1,000 to R5,000 that are paid off within six months. Users can reach the loan platform either by web or with a smartphone-compatible app.
What Types of Loans Does Dunami Loan Offer?
Dunami Loans provide short-term loans of R1000 to R5000 with six-month fixed repayment periods.
What Are Dunami Loan’s Terms, Fees, and Conditions?
Payday loans from Dunami Loan range from R1,000 to R5,000, and the repayment terms are 6 months. Upon approval, the loans are deposited instantly into borrowers’ bank accounts. Unless otherwise noted, all fees are VAT inclusive. The minimum annual repayment rate is 104%, while the maximum annual percentage rate is 212%. Its interest rate is 12%.
How Can You Qualify?
In addition to being over 18 years old, South Africans must possess the following documents to qualify for a Dunami loan:
- A valid South Africa ID
- Your 3 latest payslips
- Your 3 latest bank statements
(You can make use of the Yodlee app on their website, which will enable you to download your bank statement straight from your online banking. This portal is secure, safe and easy to use.) - Proof of permanent employment
- Receiving a salary on a monthly basis
- An SA cell phone number
- An active SA bank account
- Must be 18 years or older
How to Apply
Getting a personal loan typically involves prequalifying for a rate, completing an application, and awaiting loan approval. Here are the steps to apply for a Dunami Loan personal loan:
To begin the application process, please log into Dunami Loan’s website and enter your personal information on the loan application form. Upon completion, your account will be open, and you will have full access to Dunami’s loans.
Second, the company’s web-based dashboard also provides the option of downloading your credit score. Dunami will also need proof of your income. From there, you can upload the following documentation: income documents, three months worth of bank statements, and more. When you upload your files successfully, you should apply for your loan and wait for your loan to be approved.
Dunami Loans Are Best for:
- People who are fully employed
- Applicants that are looking for a short term to cater to their needs until the next payday.
- South African citizens of 18 years old and above
Why should I choose Dunami loans?
Dunami Loans is a leading financial services provider in South Africa that offers personal loans, consolidation loans, and more. Here are four reasons why you should choose Dunami Loans:
1. You can get a loan of up to R120 000.
2. repayment periods of up to 60 months.
3. You can use the loan for anything you need – whether it’s consolidating debt, making home improvements, or funding your child’s education.
How long will it take to get my loan?
When you apply for a loan with Dunami, we’ll match you with one of our trusted lending partners. Once you’re approved, it typically takes 1-2 business days to get your money. However, if you’re applying for a larger loan, it may take up to 5 business days. In any case, we’ll keep you updated throughout the process so that you know what to expect.
Are there any hidden fees?
When you’re looking for a loan, it’s important to make sure that there are no hidden fees. At Dunami Loans, we believe in being transparent with our customers. That’s why we have no hidden fees whatsoever. We want to make sure that you’re getting the best possible deal when you borrow from us.
Support Team Contact
There is no evidence that shows whether or not the support team is responsive or how long it takes them to respond to a query. They are available during normal working hours.
- Phone: (021) 11 00 600
- Website: www.dunami.co.za
Conclusion
Dunami Loans is a great option for those looking for a loan in South Africa. They offer competitive rates and are committed to helping their customers find the best possible loan for their needs. Plus, they have a team of experts who are always available to help with any questions you may have. If you’re looking for other loan option in South Africa, be sure to check out more loan options.