FAQ

To ensure responsible lending, we’ll verify your employment to see if this loan is the right choice for you. This means you’ll need a regular salary deposited into your bank account.

Get Started with a Manageable Loan!

As a new customer, your first loan will be for an amount you can comfortably repay. The maximum amount for new borrowers is R3,000, with a repayment term of up to 45 days.

On-Time Repayment Pays Off!

Once you’ve successfully repaid your first loan on time and in full, you’ll be eligible to apply for larger loans! This means you can qualify for up to R8,000 on future applications.

Simplified Repayment for Payroll Clients

If your employer participates in Bohareng’s payroll system, you may be eligible for a loan with a longer repayment term of up to 3 months.

Payments are made the same day that your loan is approved. Once the process is

completed, it can take up to 24hours for the money to appear in your bank account.

It might be quicker depending on the bank you bank with.

For fast and secure delivery of your loan funds, we transfer them directly to your active bank account. Please ensure the account is registered in your name.

For security reasons and to ensure a smooth transaction, we deposit your loan directly into the same bank account you use to receive your salary. This allows you easy access to your funds once the transfer is complete.

By agreeing to our privacy policy and terms and conditions, you authorize Bohareng Financial Services to conduct a credit check with the relevant bureaus. This helps us assess your financial situation and ensure the loan is a good fit for you.

At Bohareng, we believe in responsible lending. We consider your credit score alongside other factors to make sure you can comfortably repay the loan.

At Bohareng, we understand that financial situations can be complex. That’s why we go beyond just credit scores. When you apply for a loan, we conduct a thorough financial needs analysis alongside a credit check. This allows us to make informed decisions and potentially approve loans for those with existing debt, as long as it’s manageable for your overall financial health.

With Debi Check, your loan repayments are automatically deducted from your account when you get paid. It’s a secure and convenient way to stay on track.

At Bohareng, we understand that unexpected situations can arise. If you’re facing difficulty making a loan repayment, please reach out to our customer support team as soon as possible. We’re committed to working with you to find a solution that fits your situation.

Benefits of Early Communication:

• Avoiding unnecessary fees associated with late payments.
• Protecting your credit score for future loan opportunities.

We’re here to support you throughout your loan journey. Don’t hesitate to contact us if you need assistance.