Rating based on 14 reviews

Cobol Loans

  • Personal loans up to R5,000
  • Low-interest starting from 124%
  • Repayment up to 60 months

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Author Cobol. Screenshot of Cobol website.
[Accessed April 6, 2023]

About Cobol

A company that will get you ready, set and on the go with a personal loan in no time.

Cobol has been South Africa’s trusted financial service provider since 2006 and they are now known as Unify Group Pty Ltd. They are a Cape Town-based credit provider that is always ready to tackle all your cash emergencies. Although they are based in Cape Town, they offer their services nationwide.

A company that protects your confidentiality

Cobol is a safe and secure online personal loan lender. They know it is hard to trust online lenders, but they can guarantee that you are safe with them.

All the information you provide to them is protected and no one will have access to it other than them. At Cobol, they do not share their client’s details with anyone or company for that matter.

Cobol is a registered credit provider

Cobol is the credit provider you can trust. Their online presence does not mean they are like other scammers. They are registered and they also comply with the National Credit Regulations that encourage responsible lending. Responsible lending means that they never lend clients money that is more than what the client can afford.

In South Africa prices are continuously increasing while salaries are not changing and this forces people to take out all kinds of loans.

Although they are fully aware of what is happening in South Africa, they will never grant you a loan amount that is beyond what you can afford.

Cobol Services

They offer a wide range of affordable services while strongly focusing on the empowerment of South Africans.

Cobol keeps it simple but efficient

They are the most straightforward cash loan service you can ever find in South Africa.

Cobol has done its best to ensure that potential clients find it quite easy to access its services.

They assist clients to free them financially

Another factor that they advise their clients on is to rather take out one larger loan instead of three small loans. You can have a headache-free application process as Cobol has simplified its loan application form so that it is easy to understand.

What is more amazing about Cobol is that, although they have a simplified application form, you can still call them and ask for their help when you reach a part you do not understand.

Personal Loans – fit for your emergency

Many companies have loans available for you, but few can give you a fit amount and affordable interest rates.

At Cobol, their main focus is getting you through your financial crisis and giving you the breakthrough you deserve. For personal finance of up to R8000, get in contact with Cobol now.

Your repayment term will vary based on the loan amount you select. You can get up to 6 months to repay your loan. They have a very low-interest rate of 3% which will greatly benefit you as you will be able to pay back faster without doing your finances any injustice.

Cobol – Personal loan

  • Loan Type Personal loans
  • Interest Rate 124212% p/a
  • Loan Amount up to R5,000
  • Repayment 30 days to 60 months

Benefits of Cobol

  • Same day loans
  • Get a loan up to R5,000
  • Fixed repayment terms up to 6 months

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Cobol makes getting a loan quick and easy

With Cobol, you have no reason to stay bound to your finances.

When you get caught off guard with unforeseen circumstances and emergencies, a loan from them can easily help you to be more in control of your situation.

A single loan can solve a huge problem in a matter of minutes.

Before applying you must have: 

  • Have a valid South African ID.
  • Be permanently employed and earn at least R3000.

Their application process is easy and very convenient:

It takes minutes to complete this application. You must complete the online loan application form, which will ask for your personal information such as your name, surname, address, postal address, contact information, etc.

After submitting your application form, you will have to wait up to 24 hours, but usually, you get feedback on the loan progress within the same day.

If feedback states that you have been approved for a personal loan with Cobol, you will receive that amount in a short while. Cobol is known for fast payouts.

At Cobol, they make getting a loan quick and easy

After you have successfully submitted your application form and you get approved, you will receive an email with a contract that will be emailed to you for final approval.

If you are happy with what is written in the contract, you can expect to receive your funds in a few hours.

When your application is successful, they do not waste any time and will ensure that you receive your money instantly. At Cobol, they include you when they draft your repayment period.

The great part about trusting them is that they will always give you what you can afford, plus you can repay the loan within 6 months.

Benefits of a Cobol loan 

  • Same day loans.
  • Get a loan up to R8,000.
  • Fixed repayment terms up to 6 months.
  • Application takes less than 5 minutes to complete.
  • Affordable loans and flexible terms.

Ways to get in touch with Cobol

When you need Cobol services, you can get hold of them through their website. Furthermore, you can also contact them at their office number, and you will be gladly assisted with everything you need to know.

They are only available during working hours, but you can still make an online loan application at any time.

Cobol has amazing interest rates

Every loan is accompanied by an interest rate. So, amazing deals of loans are judged based on interest. When you apply for an online personal loan you will be charged a minimal and affordable interest rate.

man holding thumbs up

Cobol is a trusted & reliable provider of personal loans

In our review, Cobol adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Cobol is a registered credit provider in South Africa: NCRCP7055

Customer Reviews & Testimonials

July 2021

Loan applications are always the hardest to make but while I was applying for Cobol loan, I did not have any difficulties with their application

Masango W
— Durban —

June 2021

I am a recipient of Cobol personal loan. I have never encountered any hidden costs. They are so trustworthy

James C
— Knysna —

November 2021

I have never applied for a personal loan this fast. I got feedback in no time and then received the money quickly. I am so grateful for the affordable loan I got and because of the low-interest r...

Mbala C
— Ceres —

Cobol Contact

Contact Number



Physical Address

  • 2nd Floor, Block A, Vineyard Centre Cnr, Adam Tas Rd Stellenbosch Western Cape 7600 South Africa
  • Get Directions

Postal Address

  • PO Box 2961, Cape Town, 8001, South Africa

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed