See How to Apply for the RCS Personal Loans

What to know before applying?

RCS is a company that offers personal loan plans from R2,000 to R250,000 with repayment terms of up to 60 months and fixed monthly rates!

RCS is one of the leading global credit providers, offering flexible and secure financial solutions to meet various customer needs.

Founded in 1999, the company operates in the South African market as part of the BNP Paribas group, a merger of several European financial institutions with operations in over 70 countries.

This global alliance provides RCS with robust expertise and a high standard of services in the personal loan sector.

With plans ranging from R2,000 to R250,000, RCS stands out for offering adaptable conditions to its clients. Loans can be repaid over up to 60 months, providing significant financial flexibility.

The company values efficiency, ensuring that funds are available in the customer’s account within 24 hours of credit approval. This rapid process is a major attraction for those who need funds urgently.

The company’s digital platform is secure and transparent, featuring a loan calculator that provides exact installment and final payment amounts.

However, it is important to note that the final contract may differ from the initial calculations.

The company offers interest rates starting at 15%, with a maximum cap of 29.95%, plus a proportional origination fee and a monthly fee of R69. 

If you want to learn more, keep reading about the company.

Who can Apply?

RCS clearly outlines the conditions for its personal loans, and you can check them as follows:

• Be at least 18 years old.
• Present a valid South African ID or passport with a residence visa.
• Have a bank account
• Have a monthly income of at least R3,000

For the application, you will need to provide the following documents:

• A copy of your driver’s license
• The most recent bank statement

Additional documents may be requested during the process. It is important to note that meeting the requirements does not necessarily guarantee approval.

This is because all applications are subject to credit verification by RCS, as well as the company’s availability to offer the personal loan.

How do I Apply for the RCS Personal Loans?

You can apply directly through RCS Loans’ digital platforms by selecting the option to check your eligibility.

When accessing the application form, you will need to provide the following details:

• Full name, identification number, email address, phone number, and total income

After submitting the information, you will receive a non-binding quote to assess your creditworthiness. If approved, you will receive an offer directly through their online services. 

Additionally, you can contact the bank through other methods, including phone and email. You can also send messages directly via the contact forms on the platform.

In any case, you will receive all the information about the amounts, terms, and conditions before signing the contract.

More Details

The company guarantees a provisional response within minutes and the possibility of having funds available within 24 hours, making it easier for customers facing financial emergencies.

Security is also a priority for RCS. The company has dedicated support for fraud prevention, which is crucial in an industry where misuse of the brand can be an issue.

With this support, customers can be assured that they are dealing with a legitimate institution.

RCS provides a comprehensive and user-friendly service, combining rapid processing times with secure online operations.

This approach ensures that clients receive the financial support they need efficiently and safely

Whether for paying bills, managing unexpected expenses, or fulfilling personal goals, RCS remains a reliable choice for personal loans in South Africa.

Want to learn another option?

RCS is not the only company offering personal loans in the market, as Wesbank also provides good options for the South African public, with repayment plans of up to R300,000.

In this regard, you can benefit from rates starting at 19.25%, payments over up to 6 years, payment protection plans, and the possibility to apply at any time. See how to apply.

Written by

Gabriel Gonçalves