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Can I Apply for RCS Loans?Find Out Requirements, Terms, Conditions and Application

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If your aim is to get a high quality and convenient loan, then you have come across the right company: RCS. It consists in a finance business based on consumers since it offers them a wide variety of products and services. It works in association with other leading retailers that are set in Botswana, Namibia and South Africa. If you decide to explore or work with RCS, you will find loans, insurance, cards and more.

Who is RCS?

            As it was previously stated, this company is meant to make your life easier by protecting your financial security and enhancing your lifestyle. They tend to provide desirable, innovative and amazing credit solutions. What can customers get of RCS?

  • Peace of mind

  • Convenience

  • Comfort

What services does RCS provide?

            RCS offers loan, insurance and card products. The cards are meant to give you credit facilities. The loans tend to provide you with the necessary cash loan or even retail. Finally, insurance at RCS can really come in handy since it provides insurance, home cover, death cover in case of accidents and motor cover.

How can you apply for an RCS loan?

            If you are ready to get an RCS loan you will have to go through one of the easiest application and selection processes. It consists in a series of steps. Once they are completed, RCS will contact you. With only one small phone call you can access a loan of R 150 000. But that is not all. You can access this loan in only 24 hours! Once you have qualified for the selected loan, RCS will can you. But first, they will ask you to provide them with certain pieces of details in order to process the online form.

What are the terms and conditions for an RCS loan?

            In general, these terms and conditions apply to any loan.

  • Clients must be eighteen years old or more

  • Their minimum salary must be of R2000 per month

  • The ID of the applicant must be south African

  • The applicant must have a bank account, ideally at RCS

  • The applicant will provide the bank with three bank statements (the latest ones) during the application process

What does RCS need to process your loan?

            RCS will need your ID number and the details of your bank. This way, RCS can issue a debit order as a method of payment

How are the existing loans at RCS in South Africa?

            The existing loans at RCS offer you extra money, not only for a wedding, possible studies or car repairs, but even debts. A loan at RCS will provide you the following advantages:

  • Loans that range from a minimum of R2 000 to a maximum of R 150 000.

  • The application process is paperless and very fast since you can simply carry it out online

  • Making decisions only takes a few seconds

  • Within only 24 hours, you can cash in your bank account

  • Flexible options for repayment. The options are a lot! Starting from 12 months and reaching 60 months

  • Your monthly statement is for free through SMS or email

  • Insurance for customer protection

How can I use the loan calculators at RCS in South Africa?

            A typical example of a loan calculator at RCS is the following:

Imagine that you decide to borrow a loan of R 7,500 for a period of 24 months. The interest rate would be of 27050% (annually). Meanwhile, the initiation fee would be of R480, which would be charged upfront. The service fee per month would be of R69. This would lead to a total of R12929. These fees generally fluctuate due to the conditions of the market, which are so volatile. They also can change because of the risk profile of the customer. Keep in mind that these values change based on the loan amount that you choose, the interest rate at which the loan was set, the term of the loan which will define the installments and amounts to be paid per month, the initiations fees and the service fees. Now, if you are thinking of a home loan, then the value might depend on the value of your home that was set by the market at the current moment.

What is the telephone number of RCS?

The telephone number of RCS is 0861-729727.

Which are the contact details of RCS?

Here is a table with contents that you may find useful:


RCS will give you the opportunity to carry the process online. You must be over eighteen and have the documentation that was previously mentioned.


0860 555 111.

Email address

You can submit a text through their website. It works the same as an email.


You will find many offices spread all over South Africa, especially in Mow bray and Cape Town. The website provides you with a location of all the offices. It is not a branch locator because it does not have any search filters but you can move with the cursor and consult the offices available in the area.

            To conclude, RCS is a company that will give you the assistance and guidance regarding home loans, personal loans and loans for debt consolidation. Remember that they also provide insurance and cards that are useful and convenient. The company also counts with a section at their website of suggestions, tips and explanations related to loans, insurance and such issues. It is under the name of “Lifestyle”. It comes up with ideas of how redecorating your home can be cheaper, ideas for expanding spaces in your house when it seems too small or crowded with stuff you no longer need, reasons why it is of paramount importance to use a personal budget, flower trends for your possible wedding, among other brilliant ideas.  Also, with RCS you can shop online through the shopping network. You can get to choose to shop by category, such as automotive, DIY, beauty, fashion, electronics, petrol, groceries, etc.

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Leave your rating about Can I Apply for RCS Loans?Find Out Requirements, Terms, Conditions and Application


Rating: 3
Comment: RCS loans are a good option to whatever project you have in mind.
Rating: 4
Comment: Good service from the RCS bank staff.
Rating: 4
Comment: RCS Card is a nice alternative for purchasing and it includes many good stores.
Rating: 5
Comment: Very good

Questions and Answers

How can i get a loan?
There are many ways to obtain a loan at RCS: selecting online application in the company´s webpage, sending a message through the same media or phoning on 21 597 4000
I want to apply for a loan. Will rcs help me?
You can apply for a loan either by phone, in person or online. RCS Will help you throughout the whole procedure, since it has a staff of professionals willing to guide you in each step so as to become eligible.
Can I take a loan if I have a monthly income of R2 500?
Yes, the minimum income acceptable is R2,000 per month. So you can apply now for the loan.
What is the minimum amount of money that I can take? You can take out from R125 000 onwards.
You can take out from R125 000 onwards.
How can I obtain my RCS Card?
You can do it online or go to your nearest branch (with minimum requirements such as your ID book and your latest 3 months payslips).