How to Apply for a Loan at Woolworths

Are you looking for information on how to apply for a loan at Woolworths in South Africa? Woolworths is one of the biggest retailers in South Africa. They offer a wide range of products, including groceries, clothes and much more. Woolworths also provides financial services to people in the country through Woolworths Financial Services. As an example, you can apply for a Woolworths credit card. This card can be used for making purchases and for withdrawing cash. You can also apply for a loan from the company. But how do you do that?

Steps to get a Woolworths Personal Loan

The following is how to apply for a loan at Woolworths;

  1. Go to the Personal loans page and click on Apply now.
  2. You will be taken to a page where you are required to enter your ID. A quick check will be made to verify that you qualify for a loan.
  3. Follow the remaining steps to complete your application.

Repayment Terms

The following is an example of the repayment terms that you can expect from Woolworths when you get a loan. Note that these terms are liable to change at any point. Use them only as an example;

Amount Borrowed12 months24 months36 months48 months60 months
R 10000R 914.42R 496.83R 359.02R 291.14R 251.22
R 20000R 1,828.84R 993.66R 718.04R 582.29R 502.44
R 30000R 2,743.27R 1490.49R 1,077.06R 873.43R 753.67
R 40000R 3,657.69R 1,987.31R 1,436.08R 1,164.57R 1,004.89
R 75000R 6,858.17R 3,726.21R 2,692.65R 2,183.58R 1,884.17
R 105000R 9,601.43R 5,216.70R 3,769.72R 3,057.01R 2,637.83
R 120000R 10,973.06R 5,961.94R 4,308.25R 3,493.72R 3,014.67

Here are the Woolworths credit card requirements

Requirements for a Woolworths loan

That’s how to apply for a loan at Woolworths. If you follow the above steps, you will have money in your account in your time. But in order to apply for a loan, there are a couple of requirements that you will need to meet. The following are some of the them;

  • You need to be above 18.
  • You must be a South African citizen with a valid ID.
  • Foreigners who are legally resident in the country can also apply.
  • Only people earning a minimum of R2000 per month can apply. You will have to provide proof of income in the form of a pay slip or a bank statement.
  • Proof of residence


This article was dedicated to showing you how to apply for a loan at Woolworths in South Africa. It was noted that Woolworths is not just one of the leading retailers in the country. They also offer financial services, including loans. You can apply for yours by following the steps highlighted in this article.

Learn how to withdraw money from your Woolworths credit card

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