SAMWU Personal Lons

SAMWU Personal Loand offer two loan products:

  1. Quick loan: The maximum loan amount is R600 payable over 6 months at the rate of R110 per
    month.
  2. Long term loan: The maximum loan is R5000 and the maximum term is 18 months. The interest rate
    is 19.5% pa. A member must at all times keep a minimum of one-third of the outstanding loan
    amount in his/her savings.

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