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Can I Obtain Personal Loans at Bidvest Bank? Calculator and Contact Details

    Are you looking for a Personal Loan that is capable of sustaining all your personal needs? If that happens to be your situation, I recommend you to keep reading this post. Even though Bidvest does not possess Personal Loans to give its clients, but it rather has Business and Vehicle Loans, there is another reliable company that does, Finchoice. This company is quite similar to Bidvest when it comes to the money granted and the financing periods available.

   For that purpose, in the following article, I will show you how this company can help you satisfy your personal needs with their loan. After giving you such information, I will expand by providing the contact details of this company.



    This loan will give you the chance of accessing to a maximum of R 25 000, which you can easily finance in about 2 years. All of the monthly installments you will make come along with fixed interest rates, which of course means no future changes to rates. What is more, the moment you are given this loan, you can start making use of the service of online banking so as to check your balance and get news about further loans the company has created.

   Now, after you are found eligible are you are granted the loan, this company has established an insurance so as to protect you and your finances. This insurance is really helpful when you experience a disease or you participate in an accident, situations in which your finances can be at stake. Now, the moment you are told you are a good candidate, in about a day you can start enjoying the money on whatever purpose you have in your mind.


FinChoice´s application

   This company has designed an application system quite fast, since it is meant to take no more than 10 minutes, for you to start enjoying the money without having to wait. The application can take place by phone or in person. For such application you will need to submit documentation. For instance, you need to have in hand your ID book, your information about bank accounts you possess and also details about your salary.

   If you would like to begin the application by phone, please make use of the company´s free number: 0861 346 246, which is a line designed for customer service and it aims at giving you tons of information about the company´s products and services. But that is not the only way to begin the application, since you can start it from the company´s website, which in fact is pretty full and easy to use.


    As requirements, you can expect to submit your Id book, in order to demonstrate you are from South Africa and also your passport. Moreover, you will be asked to present the details of the bank account in which the company will deposit the funds.

    Why choosing a Personal Loan with FinChoice?

    One of the most important reasons to consider this company as your loan provider has to do with their loan will be useful in any kind of emergency or extreme situation you are facing. So, the company allows clients to make use of the money given in any type of purpose.


FinChoice´s benefits for South Africans

-Interest rates totally fixed by the company

-Monthly installments that consist of an amount and a due date

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-Customers can skip one payment if they do not have the money and that is fine

-You can check the balance of your loan from your cellphone

-You obtain an additional service, an insurance

-You can choose to begin the application from a variety of means

-You have a maximum and a minimum to choose, depending on your reasons

-You can control your lending program from home

-The company gives you access to further loans, no matter if you have not finished financing the first loan

Finchoice Calculator

I will show you how useful the calculator designed by this company is, which just one example. In order for you to know your affordability, you can use the calculator and not waste time trying to find out your chances of being an applicant. If, you are requesting R 12 000 and you would like financing terms of a year, the company will ask you to make monthly installments of R 215. Simple as that, you can get to know the amounts you will need to pay each month. That is a simple and quick way of getting knowledge about your financial status and your probabilities of making all the payments on time.

Contact details of Finchoice

There are several ways to get in touch with the company, either by phone, in person or in the company´s website. Let me give you full details of the different means of communication available:

-By phone

   There is a call center system designed to answer your call in only some  minutes. So, for questions or the application procedure, please dial up0861 346 246. Such line is available Mondays to Fridays from 08:00 in the morning to 07:45 pm- You can also make use of this phone during Saturdays from 8 in the morning to 8 in the afternoon. This phone is also available on weekends, on Sundays specifically, from 09:00 am to 5 in the afternoon.

- In person

    You can receive more information about the company´s Personal Loan or begin an application, if you go to their head office in Porth Elizabeth, whose exactly address is 53 Ring Road. The zip code, for you to send a letter there, is 7800. You can phone this office by dialing up 27 86 1346 246. This branch opens Mondays to Fridays from 8 in the morning to 5 in the afternoon.


     You can also try the company´s website, which is very complete as it not only has information about loans, but also about insurances and further banking products and services. In the same webpage, clients can download an app in order to check their loan from there.

Video Bidvest Bank

Leave your questions or comments


Questions and Answers

Hi I wanted to find out if you can assist me if I get an official order that needs funding? If yes, what are the documents that are needed? Thanks Leon
When you get to Bidvest, you should present your particular case. This means, they will pay special attention to your company’s needs, credit worthiness and more. With that information in mind, Bidvest will set the installment term that will fit your business’s capacity of payment. Regarding documents to present, of course, you must prove your business is allowed to function and, the business’ worthiness.
How much is the interest the bank is charging?
To give the complete information, I’ll detail the terms options for the loan. The interest rate Bidvest is currently charging is 10 %. There’s no maximum quote stablished and the repayment term can go from 1 year to 6. The balloon payment is established according to the payment term you choose and, it ranges from 45 % to 15 %. Finally, you can decide to pay the instalment in arrears or advance.
Hello! My name is Graham Benjamin and I have a Grindrod easy pay master card. Can I make a loan to start my company?
If your company isn’t working yet, you may find it difficult to get help from Bidvest as, they assist running businesses. If you want to begin a new company, you can take a look at Nedbank and their Start up loan. They even have two other types of business loans, if you need to help the company grow after starting it.
I'm a zimbabwe national permanently employed looking for a loan.
I guess you refer to personal loans and, sadly, Bidvest can’t help you on that. You may look for another entity like, for example, Nedbank or Absa Bank. As long as you have your SA Documents issued by the government and, you receive enough income from your job to be eligible, you’ll get the money you need. Without problem.
I want a loan for 40000 rands. Is it possible with Finchoice?
Yes, Finchoice offers the possibility of getting that amount of money, as they’ve increased the maximum quote available for their customers. In the case of needing more than R 8000, the number of instalment to choose are 24, 12 or just 8. You will be capable of choosing in how many months you want to cancel the R 40000 loan and, if your affordability assessment states you can cover the cost, you’ll be ready to go.
I'm Nomvuselelo Selani. I want to apply for a consolidation loan at Bidvest bank. My cell phone is 0734167550
Hi! I must clarify, Bidvest does not have consolidation loans among the products they offer. You would find all sort of financial help as regards business loans. This lending company is well known for assisting companies when needing to expand thanks to their working capital loan. I can mention, either way, Absa Bank for you to take a look at as, they do grant personal loans to consolidate debts.
May I refill my loan? I have paid 4 months already
As you have a loan with Bidvest, you sure know they finance the company’s working capital. That is to say, they assist the company economically with the expenses they have on daily basis. But, they offer 5 different categories. So, it will depend on the reason you need more money for. If you need to cover a different category, they may accept your request. Still, you would have to contact Bidvest to have the final answer.
I'm working at Lanxess Chrome mine under Bidvest Protea Coin as a security guard. I want to know if it possible for me to get loan through Bidvest Bank
The fact that you work in a company related to Bidvest Protea Coin is not a guarantee to be approved for a loan. All the same, you have to remember this company only grants loans to companies. Bidvest helps them with the working capital any company needs to manage to have a profitable business. So, if you’re thinking about asking for a personal loan, I’m sorry to tell you, Bidvest Bank won’t be a solution for you.
Is there a chance to finance it in person?
Sure there are
How can I contact a representative?
You can communicate with them by phone
Are offices open on holidays?
No they are not
I’m a new employee at BidAir Services. Can I apply for a personal loan?
If you have just started working, you must wait some months before applying for a loan. This particularity is usually required with any company, not just Bidvest so, keep that in mind. All the same, Bidvest works with business loans, which means they can’t provide you with a personal loan. In your case, you can consider Finchoice but, as I said before, after you’ve worked there for 6 months more or less.

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