Every cost should be visible before a client commits. This page summarises interest, fees, examples and regulatory caps for Ndzinga Capital credit products.
Fee comparison
| Fee | Micro Loan | Personal Loan | PO Funding |
|---|---|---|---|
| Amount range | R500 - R2,000 | R5,000 - R100,000 | R10,000 - R500,000 |
| Term | Up to 30 days | 3 - 60 months | 30 - 120 days |
| Interest | 5% flat/month | 3%/month reducing | 2.5%/month daily accrual |
| Initiation fee | 15% (max R1,207.50) | 15% + VAT cap applies | Negotiated |
| Monthly service fee | R0 | R69 + VAT | R0 |
| Late payment | R0 grace | Per NCA | Per NCA |
| Early settlement | None | None | None |
Worked example
Illustration at 3% per month reducing balance. Final terms are subject to approval and disclosure.
NCA caps
The National Credit Act prescribes maximum fees and interest rules for regulated credit agreements. The worked examples and calculator estimates remain illustrative until a formal affordability assessment and pre-agreement statement are issued.
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Pricing FAQ
Pricing varies by product. Micro loans use flat short-term pricing; personal loans use reducing-balance pricing; PO funding may accrue daily based on the approved structure. All applicable fees are disclosed in the pre-agreement statement before signature.
Yes. All Ndzinga Capital credit products are priced within National Credit Act maximums for the relevant product category. The pre-agreement statement shows the exact rate and total cost of credit for your specific application.
An NCA-compliant initiation fee applies to all Ndzinga Capital credit products. The exact amount depends on the product and loan amount and is shown in the fee table above and the pre-agreement statement before you sign.
Yes. Under the National Credit Act, you can settle early and pay only the outstanding principal plus interest accrued to the settlement date — no early-settlement penalty applies.
Contact Ndzinga as early as possible. Missed payments can affect your credit profile and may attract charges in line with the credit agreement.
