Our Product Offering
Kanga Finance offers 2 building finance products:
- Standard Building Loan
- Up to R75,000
- 36-months to pay
- SASSA Pensioner Building Loan
- Up to R4,000
- 18-months to pay
On approval of a Building Loan, the money is paid directly into the merchant's business account, with up to 30% being paid directly to the customer to cover labour and other associated building expenses.
Permanently Employed Sector
| Total loan amount | R10 000 | R30 000 | R50 000 | R75 000 |
|---|---|---|---|---|
| Repayment Term | 18 Months | 24 Months | 36 Months | 36 Months |
| What You Pay (monthly) | R888 | R1 931 | R2 348 | R3 423 |
| Fixed Interest Rate | 31% | 31% | 31% | 31% |
| Initiation Fee (Incl VAT) | R1 668 | R2 990 | R2 990 | R2 990 |
| Monthly Service Fee (Incl VAT) | R69 | R69 | R69 | R69 |
SASSA Pensioner
| Total loan amount | R2 500 | R3 000 | R3 500 | R4 000 |
|---|---|---|---|---|
| Repayment Term | 18 Months | 18 Months | 18 Months | 18 Months |
| What You Pay (monthly) | R260 | R300 | R339 | R378 |
| Fixed Interest Rate | 25% | 25% | 25% | 25% |
| Initiation Fee (Incl VAT) | R431 | R518 | R604 | R690 |
| Monthly Service Fee (Incl VAT) | R63.25 | R63.25 | R63.25 | R63.25 |
Disclaimers: All figures listed are within the NCR prescribed rates. Examples are based on prime interest rates at the time of printing 1 June 2022
4 Easy Ways To Apply For A Kanga Building Loan
- Apply easily online now
- SMS ‘HOME and your NAME’ to 30633 and we’ll call you back!
- Call 086 000 3030 and speak to a consultant
- Ask for a Kanga Building Loan at your favourite hardware store.