Bayport Loans 2025

Get personal loans up to R200,000 with convenient salary deduction and death benefit cover. Interest rates from 18% p.a. with quick approval.

Bayport Highlights

Interest Rates: 18% - 28% p.a.
Loan Amount: R1,000 - R200,000
Repayment: 6 - 60 months

Why Choose Bayport Loans?

💰

Salary Deduction

Convenient repayment directly from your salary

Automatic payments
🛡️

Death Benefit Cover

Loan protection in case of death or disability

100% loan cover
💳

No Upfront Fees

No application or initiation fees

R0 upfront cost

Quick Approval

Fast approval process within 24-48 hours

24-48 hours
📅

Flexible Terms

Repayment terms from 6 to 60 months

6-60 months
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Competitive Rates

Interest rates from 18% per annum

From 18% p.a.

Choose Your Bayport Loan Product

Bayport Salary Loan

Secure personal loan with salary deduction for convenient repayment

Interest Rate:
18% - 28% p.a.
Loan Amount:
R1,000 - R200,000
Repayment Term:
6 - 60 months
Loan Type:
Salary-based personal loan
Selected ✓

Bayport Emergency Loan

Fast emergency loans for unexpected expenses

Interest Rate:
20% - 30% p.a.
Loan Amount:
R500 - R15,000
Repayment Term:
3 - 12 months
Loan Type:
Quick emergency funding
Click to select →

Bayport Consolidation Loan

Consolidate multiple debts into one manageable monthly payment

Interest Rate:
16% - 26% p.a.
Loan Amount:
R10,000 - R200,000
Repayment Term:
12 - 60 months
Loan Type:
Debt consolidation
Click to select →

Bayport Pension Loan

Loans for pensioners with pension as security

Interest Rate:
15% - 25% p.a.
Loan Amount:
R5,000 - R150,000
Repayment Term:
12 - 48 months
Loan Type:
Pension-backed loan
Click to select →

Bayport Salary Loan - Complete Details

Key Features

  • Salary deduction repayment
  • Death benefit cover included
  • No upfront fees
  • Quick approval process
  • Flexible loan amounts
  • Competitive interest rates
  • Insurance protection
  • Online application
  • Customer support
  • Transparent terms

Key Benefits

  • Convenient salary deduction
  • Death benefit protection
  • No collateral required
  • Quick approval
  • Competitive rates
  • Flexible terms

Requirements

  • Minimum income R5,000 per month
  • Employed for at least 3 months
  • South African citizen or resident
  • Valid bank account
  • Aged 18-65 years
  • Clean credit record
  • Employer must allow salary deductions
  • Proof of income required

Bayport Loan Calculator

Loan Details

Monthly Payment

Enter loan details and click "Calculate Bayport Loan" to see your monthly payment

Salary Deduction: Your monthly payment will be automatically deducted from your salary, making repayment convenient and ensuring you never miss a payment.

How to Apply for Bayport Loans

1

Choose Your Loan

Select the Bayport loan product that suits your needs

Duration: 5 minutes
Compare loan productsCheck eligibilityCalculate repaymentsChoose loan amount
2

Apply Online

Complete the online application form

Duration: 15 minutes
Personal informationEmployment detailsIncome informationBanking details
3

Submit Documents

Upload required documentation

Duration: 10 minutes
ID documentProof of incomeBank statementsEmployment letter
4

Verification

Bayport verifies your information

Duration: 24-48 hours
Document verificationEmployment confirmationCredit checkAffordability assessment
5

Approval & Disbursement

Receive approval and loan funds

Duration: 24-72 hours
Loan approvalSign loan agreementSalary deduction setupReceive loan funds

Bayport Loan Eligibility Requirements

Employment

  • Permanently employed for at least 3 months
  • Employer must allow salary deductions
  • Minimum income R5,000 per month
  • Valid employment contract

Personal

  • South African citizen or permanent resident
  • Age between 18-65 years
  • Valid South African ID
  • Contactable references

Financial

  • Valid bank account
  • Good credit record
  • No blacklisting
  • Affordable debt-to-income ratio

Documentation

  • 3 months recent payslips
  • 3 months bank statements
  • Employment letter
  • Proof of residence

Expert Tips for Bayport Loans

Maximize Your Chances

Ensure you meet all requirements and have a stable employment history before applying

Choose the Right Amount

Borrow only what you need and can comfortably repay from your salary

Understand Salary Deduction

Confirm your employer allows salary deductions and understand the process

Maintain Good Credit

Keep your credit record clean to qualify for better rates and terms

Consider Death Benefit

Take advantage of the included death benefit cover for peace of mind

Plan for Repayment

Budget for the monthly deduction to ensure you can manage other expenses

Frequently Asked Questions

How does salary deduction work with Bayport loans?

Salary deduction means your monthly loan payment is automatically deducted from your salary by your employer before you receive your pay. This ensures you never miss a payment and makes budgeting easier.

What is the death benefit cover included with Bayport loans?

Bayport provides death benefit cover that pays off your outstanding loan balance if you pass away during the loan term. This protects your family from the burden of loan repayment.

Can I get a Bayport loan if my employer doesn't allow salary deductions?

Unfortunately, salary deduction is a core requirement for Bayport loans. Your employer must allow and facilitate salary deductions for loan repayments. Check with your HR department about this policy.

How long does Bayport loan approval take?

Bayport loan approval typically takes 24-48 hours for complete applications. Once approved, funds are usually disbursed within 24-72 hours, depending on your bank's processing time.

Are there any upfront fees for Bayport loans?

No, Bayport does not charge upfront application or initiation fees. All costs are included in your monthly payment, making it easier to access the funds you need without immediate additional expenses.

Important Information

Before You Apply

  • • Confirm your employer allows salary deductions
  • • Check your credit score and history
  • • Calculate affordability and budget impact
  • • Gather all required documents
  • • Understand the death benefit coverage

Contact Bayport

  • Phone: 0860 102 043
  • Website: www.bayport.co.za
  • Email: info@bayport.co.za
  • Branches: Multiple locations nationwide
  • Hours: Monday-Friday 8AM-5PM

Disclaimer: Interest rates, terms, and conditions are subject to change and individual assessment. Loan approval depends on credit check, affordability assessment, and employer salary deduction authorization. This information is for general guidance only and does not constitute financial advice.