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  • Personal Loans up to R250,000
  • Low-interest starting from 15%
  • Repayment up to 60 months

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RCS homepage
Author RCS. Screenshot of RCS website.
[Accessed May 5, 2023]

About RCS

RCS is an authorized financial services provider. It’s governed by the National Credit Act (NCA), which, among other things, protects consumers who enter into a credit agreement with a financial credit provider.

RCS offers diverse lifestyle financial solutions including loans, cards and insurance products. These products provide you with a straightforward and user-friendly way to cater to financial needs.

RCS’s main purpose

RCS works alongside top brand names from South Africa, Botswana, and Namibia.

Their primary purpose is to help you improve your lifestyle by helping you access the credit you need to thrive. They achieve this by providing easy-to-access and affordable credit products.

RCS customer protection insurance

RCS offers customer protection insurance (CPI) which is underwritten by Guardrisk Life Limited.

It covers a share of your remaining balance should an unexpected incident like a permanent or temporary disability, death or income loss occur.

If you decide to take up the insurance, it’ll be invoiced as part of your personal loan and debited monthly as a single amount.

Personal data confidentiality

RCS has a strict confidentiality policy which promises to not disclose your personal information to anyone unless they’re acting in relation to the credit agreement.

This means the only time they’ll disclose personal data is when they’re obliged by the law, to issue a court order provided you are in arrears and no longer committed to paying your personal loan.

RCS Services

When applying for a personal loan with RCS, they will conduct an affordability and credit assessment.

This will take into account your credit score, credit history, expenses, and income to check how well you’ve been managing your finances. 

This is one of their most crucial steps in the application process, as it’s a key indicator of how much credit you can be granted. Depending on your financial circumstances, you may be offered a personal loan from R2,000 to R250,000.

Free monthly electronic statements

RCS sends out free electronic statements every month that detail all transactions you’ve performed on you for the month. 

On your account, they’ll include interest and fees, payments you’ve made the remaining balance, arrears if you have any and the due date of your installment. Statements are sent to your personal email and via SMS to the number, you provided during the application process. 

Initiation and service fees 

When taking up a personal loan with RCS, they’ll charge you a once-off initiation and service fee, which serves to cover up admin costs from applying for your loan. 

Their annual interest rate stands at the standard 26.50%, however, their fees are subject to change based on customer risk profile. Here’s a typical example of how much they normally charge for their personal loans.

Borrowing a loan of R10 000 for 24 months with the annual rate standing at 26.50%, the initiation fee will amount to R1207, with their service fee being R69. 

The total amount to pay is R16 933.50 which you divide by the 24 months, leaving you with a monthly installment of R706 debited on your account as per your loan agreement. 

RCS – Personal Loan

  • Loan Type Personal Loans
  • Interest Rate from 15%
  • Loan Amount up to R250,000
  • Repayment 12 months to 60 months

Benefits of RCS

  • Fast loan application process
  • Quick loan approvals
  • Flexible repayment terms
  • Free monthly statements

Personal Loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Affordable online loans with RCS

RCS charges you a monthly service fee right after conducting your individual assessment. They do this so that you can manage your account and interest as per the NCA. 

Once you’ve been approved, the monthly instalment will be debited on the agreed date you selected at the time you applied. RCS is aware that life doesn’t always go as planned, and as a result, will always help meet your financial needs. 

RCS has an online application form which asks you for personal information such as your:

  • Name
  • Surname
  • I.D number
  • Email address
  • Contact number
  • Gross monthly income 

You’ll need to tick the allotted boxes to move on to the next step of the application process. 

Benefits of taking up a personal loan with RCS

  • A loan from R,2000 up to R250,000
  • Quick and simple online application process
  • Instant decision regarding your loan
  • Cash deposited immediately into your account (within 24 hours)
  • Repayment options range from 12-24 months
  • Monthly statements (free) sent electronically
  • Affordable interest rates as prescribed by the NCR
  • Customer protection insurance 

Follow the 6 steps to get approved 

To get started with the RCS personal loan, you’ll need to follow these six steps:

  1. The first step would be to provide them with your I.D. number. You cannot proceed to any further steps without providing this. 
  2. The second step asks you to detail your income and expenses. This is important in determining the loan amount you can afford. 
  3. The third step takes you through the RCS loan calculator. This is another essential stage in the application process and helps you choose a loan amount and loan term. 
  4. The fourth step is income verification. 
  5. The fifth step requests your work and home details. 
  6. Lastly, the sixth step asks you to provide your bank details, which will be used to transfer your loan amount, and which will also be used to debit your repayment loan. 

Paying your RCS personal loan on time 

Financial struggles are a norm for most South Africans. It’s important to consider your ability to repay your personal loan on time and avoid falling into the habit of defaulting on your payments.

This will have a positive impact on your credit score and will significantly contribute to being offered a higher loan the next time you apply. 

What you need to apply

  • Be 18 years and above
  • Provide a copy of your barcoded South African ID
  • Have a bank account
  • Be employed and earning R2,000 and above per month
  • Show proof of income documentation 
man holding thumbs up

RCS is a trusted & reliable provider of personal loans

In our review, RCS adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ RCS is a registered credit provider in South Africa: NCRCP 38

RCS Contact

Contact Number


  • not available


Physical Address

  • Liberty Grande Building, Voortrekker Rd & Jakes Gerwel Dr, Townsend Estate Cape Town Western Cape 7460 South Africa
  • Get Directions

Postal Address

  • PO Box 111, Goodwood, Cape Town, 7459, South Africa

Opening Hours

  • Monday 08:30 – 16:30
  • Tuesday 08:30 – 16:30
  • Wednesday 08:30 – 16:30
  • Thursday 08:30 – 16:30
  • Friday 08:30 – 16:00
  • Saturday – Closed
  • Sunday – Closed