Apply for an Mfin Cash Loan at any Shoprite for a most affordable and convenient short-term loan. All the information you need – right here!
Since 2016, Mfin Cash Loans and Shoprite have been in partnership to offer customers short-term loans of up to R7500 in-store. This Shoprite loan application can be started by simply walking up to any Shoprite Money Market counter and providing them with your ID document. You should then get a call from Mfin Cash Loans, who will talk you through the completion of the application process step-by-step.
Convenience of Shoprite Loans
This Shoprite/ Mfin Cash Loan offering is incredibly convenient, requiring only a short amount of time to complete. After initiating the application in-store, a phone call can be expected within 15 minutes, with the approval of your loan application possible in 1 day.
Not only this, but the Mfin Cash Loan applications are also offered online for added convenience.
How to apply for a Shoprite Loan
As if the convenience of being able to complete a loan application while doing your groceries isn’t enough, Shoprite/ Mfin Cash Loans have reduced the document requirements from you to their bare minimums.
To apply for a Shoprite Loan by Mfin you need:
- Your RSA ID Document reflecting you are 18 or older;
- 3 months most recent payslips or bank statements showing permanent employment.
A call to your employer may need to be made, and that’s basically it!
In terms of affordability, Shoprite Loans aim to be very competitive with a focus on low interest rates and short payment terms too. This means that both the rate at which interest is calculated and the duration for which it will accrue are reduced – doubly benefiting your savings!
To calculate your eligibility for making the loan repayments, and to see how both the interest rates and payment terms relate to the total cost of the loan for you, use our Shoprite Loans Calculator.
Shoprite Loan Contact Details
Feel free to visit any of the Shoprite branches for further inquiries.
For more information on the Mfin Cash Loan:
Call – 0861 34 MFIN (0861 346 346) or
Email – email@example.com