Rating based on 12 reviews


  • Personal loans up to R180,000
  • Low-interest starting from 18.6%
  • Repayment up to 72 months

In-page navigation

Ubank homepage
Author Ubank. Screenshot of Ubank website.
[Accessed January 19, 2023]

About Ubank

If you need a personal loan, Ubank can help you with a loan that is tailored to your needs.

A rich history and an evolving company

They started out as Teba Cash Financial Services in 1975 with the goal of making much-needed financial services available to mineworkers in the gold and platinum mining industry.

Ubank welcomed a new set of values and strategies, and this led them to become the Worker’s Bank of Choice in 2007.

Since then, they have evolved and broadened the range of services they provide. They offer their support and advice to local communities and encourage them to be financially responsible.

The perfect loan tailored to your needs

They offer loans to South Africans who pass the affordability checks as required by the National Credit Act. If you need to do renovations to your house, buy a new car or just need a little extra cash, they can help you with speed and efficiency.

Ubank cares about your future

uBank will not lend you more money than you can afford to pay back. Part of their application process requires you to show them your earnings and bank statements so that they can make sure they don't give you a loan that becomes a financial burden.

The period you'll have to pay back any loan, and the interest rate will depend on your credit history.

Ubank Services

Ubank can offer you a loan up to R180,000 with repayment terms up to 72 months.

Enjoy great technology and excellent service

Applying for a personal loan with Ubank is very simple and quick since they combined online technology with a high level of customer service. Their staff are highly experienced and can assist you with all your queries regarding your loan application.

A breakdown of their affordable fees

Initiation fees:

This is a fee that is calculated as a percentage of the loan amount. The amount is then split up over the loan term.

Administration Fee:

A fixed monthly fee that is predetermined before you agree to the loan agreement.

Credit life assurance premium:

This is just an added benefit to protect you and your family in the event that you should become unable to repay your loan.

Save together

This shared account allows you and others to put your savings together in one account. The higher the amount in your savings, the more interest you will earn!

Ubank – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 18.6%
  • Loan Amount up to R180,000
  • Repayment 30 days to 72 months
  • Decision 24 hours

Benefits of Ubank

  • Apply for a loan online
  • Get competitive interest rates
  • Borrow up to R180000

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.

Affordable, fast and convenient and is improving by the day

With Ubank you can choose a repayment term between 12 and 72 months.

This is extremely convenient and makes it easy to manage your loan as the total amount is equally divided into smaller and easy to repay monthly instalments.  

Things to keep in mind when you apply for a loan:

  1. The amount you borrow will depend on your affordability.
  2. You can apply for a loan even if you do not bank with Ubank, you will just need to open an account.
  3. Affordability checks to ensure that you will be able to make repayments.
  4. You will have access to your funds straight away with your Ubank account.

The following documents are needed:

  • An original copy of your latest payslip.
  • Proof of address (it should not be older than three months).
  • South African ID or smart card.
  • Valid passport.
  • Valid work permit for non-South African citizens.
  • Bank statements for the last three months if you don’t bank with Ubank.

Steps to apply for a personal loan with Ubank:

  1. Navigate to the Ubank website. Fill in your personal details and attach the needed documentation.
  2. Ubank will process the information and contact you on the same day with an offer tailored to your needs.

Apply for a loan with a bank that cares

Apply for a loan at Ubank today. One of their friendly consultants will be ready to assist with your loan and give you the advice and support you need.

Ubank benefits

  • Apply for a loan online
  • Completely paperless
  • Get competitive interest rates
  • Borrow up to R180,000
  • Friendly and professional staff ready to assist with your personal loan

Enjoy higher interest with Eezisave

You earn higher interest with your savings account, and your money is not locked down as it would be with a fixed deposit savings plan. The amazing part is there is no monthly fee for this account, and you can add to your savings at any time.

Customer Reviews & Testimonials

September 2018

Ubank gave me the most affordable personal loan deal. I would recommend their services to anybody.

Richard B
— Port Elizabeth —

April 2019

I was able to apply for a personal loan through Ubank’s website and I didn’t encounter any hassles.

Dorothy H
— Vereeniging —

October 2021

I was able to apply for a personal loan through Ubank’s website and I didn’t encounter any hassles.

Manaka S
— George —

November 2021

Ubank gave me the most affordable personal loan deal. I would recommend their services to anybody.

Pillay E
— Kimberly —

November 2021

Fast and friendly service! Highly recommended.

Jones R
— Bloemfontein —

Ubank Contact

Contact Number


  • not available


Physical Address

  • Shop 2, Super Spar Centre, Merriman Street Butterworth Eastern Cape 4960 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 16:30
  • Tuesday 08:00 – 16:30
  • Wednesday 08:00 – 16:30
  • Thursday 08:00 – 16:30
  • Friday 08:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed