Our Product Offering
Kanga Finance offers 2 building finance products:
- Standard Building Loan
- Up to R100,000
- 36-months to pay
- SASSA Pensioner Building Loan
- Up to R6,500
- 24-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 | R100 000 |
|---|---|---|---|---|
| Repayment Term | 18 Months | 24 Months | 36 Months | 36 Months |
| What You Pay (monthly) | R908 | R1 991 | R2 451 | R4 699 |
| Fixed Interest Rate | 34.50% | 34.50% | 34.50% | 34.50% |
| 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 | R5 000 | R5 500 | R6 000 | R6 500 |
|---|---|---|---|---|
| Repayment Term | 24 Months | 24 Months | 24 Months | 24 Months |
| What You Pay (monthly) | R384 | 416 | R448 | R480 |
| Fixed Interest Rate | 27.50% | 27.50% | 27.50% | 27.50% |
| Initiation Fee (Incl VAT) | R863 | R949 | R1 035 | R1 121 |
| Monthly Service Fee (Incl VAT) | R63.25 | R63.25 | R63.25 | R63.25 |
Disclaimers: All figures listed above are within the NCR prescribed rates at the time of publishing on the 31 January 2025
3 Easy Ways To Apply For A Kanga Building Loan
- Ask for a Kanga Building Loan at your favourite hardware store.
- Call 086 000 3030 and speak to a consultant
- SMS ‘HOME and your NAME’ to 30633 and we’ll call you back!