Loan Rate

There are different types of loan rates available like: prime, discount and consumer rate. The prime loan rate is what the banks or large financial institutions charge their credit worthy customers or clients - usually well established and large companies.

The prime loan rate is based on the reserve bank rate. The Reserve Bank rate is the most sensitive indicator in the fluctuation of interest rates and it is set according to the economic markets.

The discount loan rate is what financial companies or institutions borrow temporary or short term funds directly from the Reserve Bank. The discount loan rate directly affects the rates that financial institutions charge their clients or customers.

The consumer loan rate is what financial institutions charge individuals for home loans, car loans, credit cards, bank overdrafts and personal loans.


For the lowest available rates on Unsecured Loans fill in our online form and receive the best deal that suits your needs.

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  Online Quotations

  When looking for an unsecured loan it is always better to get quotes from a number of reputable companies, banks or financial institutions in order to obtain the best available interest rates

• Ratings

  There are various types of bank loans available like student loans, home loans, personal loans, home and homeowner loans and business loans (long term and short term)