In this tough economy where R100 doesn’t go a long way as it used to be, many of us are trying to make end meet. While other financial needs may arise unexpectedly requiring you to seek financial assistance, there are registered credit providers waitingg to assist you. 

    Makro, a renowned retail giant, understands these challenges and offers Makro Cash Loans, a flexible financing solution of up to R250 000 designed to meet the diverse needs of its customers.

    With competitive interest rates, quick approvals, and convenient repayment options, Makro provide a hassle-free way to access funds for personal and business purposes.

    Whether you’re planning a dream vacation, renovating your home, expanding your business, or purchasing new equipment, Makro Loans can assist you with the necessary funds.

    Features & Benefits of Makro Cash Loans

    1. Loan Amounts up to R250,000

    Makro Loans provide access to loan amounts of up to R250,000, subject to approval. This generous loan limit allows borrowers to meet various financial needs, whether it’s for personal expenses or business purposes.

    2. Flexible Repayment Options

    Makro understands that everyone’s financial situation is different. Therefore, they offer flexible repayment options ranging from 12 to 60 months. Borrowers can choose a repayment period that suits their budget and financial goals, ensuring convenient and manageable monthly instalments.

    3. Fast Payment in Bank Account

    Once your loan is approved, Makro ensures quick disbursal of funds. In most cases, the loan amount is deposited directly into your bank account within 24 hours. This swift payment process enables borrowers to address their financial requirements promptly.

    4. Fixed Monthly Instalments

    Makro Loans come with the benefit of fixed monthly instalments. This means that throughout the chosen repayment period, borrowers can enjoy the stability and predictability of consistent payment amounts. Fixed instalments help with budgeting and financial planning, ensuring borrowers can comfortably manage their loan repayments.

    5. Paperless Application Process

    Makro understands the importance of convenience and sustainability. With their paperless application process, borrowers can apply for loans without the hassle of physical paperwork. This streamlined process saves time and reduces environmental impact, making it easier and more eco-friendly to access the funds you need.

    6. Electronic Statements

    To enhance accessibility and convenience, Makro Loans provide electronic statements via email and SMS. Borrowers can easily access and track their loan information, repayment schedules, and account statements electronically. This feature simplifies record-keeping and ensures borrowers have quick and convenient access to their loan details.

    7. Customer Protection Insurance

    Makro prioritizes the well-being and peace of mind of its customers. Therefore, each loan includes Customer Protection Insurance underwritten by Guardrisk Life Limited, an authorized Financial Service Provider. This insurance coverage provides borrowers with added protection and covers various scenarios:

    • Death Cover: Covers the full outstanding loan balance in the event of the borrower’s death.
    • Permanent Disability: Covers the full outstanding loan balance if the borrower becomes permanently disabled.
    • Temporary Disability: Covers up to 12 months’ loan instalments if the borrower experiences temporary disability.
    • Loss of Income: Covers up to 12 months’ loan instalments if the borrower suffers a loss of income.

    Makro Cash Loans Application Process

    Applying for a Makro Cash Loan is a straightforward and hassle-free process. You may apply by either online through the Makro website or in-store at any Makro store across South Africa.

    The online application process allows for greater convenience, enabling you to apply from the comfort of your own home or office. Once the application is submitted, Makro’s dedicated team swiftly processes it, ensuring timely responses to loan requests.

    Application Requirements:

    • A valid SA ID or driver’s licence.
    • Must be 18 years or older.
    • Have a valid bank account.
    • Monthly income of R2 000 or more with proof of income.

    For any enquiries, you may contact Makro loan service department on 0861 888 009 or send an email to

    Makro Cash Loan Interest and Fees

    Interest rates for Makro Loans are determined based on factors such as your credit history, loan amount, and repayment term. It’s important to note that the interest rate will never exceed 29.25%, ensuring fair and transparent lending practices.

    For example, if you were to take out a loan of R10,000 with a repayment term of 24 months, the annual interest rate would be set at 29.25%. In addition to the interest charges, there are other fees associated with the loan. The initiation fee is R1,207, and there is a monthly service fee of R69.

    With these details in mind, the monthly instalment for this particular loan would amount to R720. Over the course of the 24-month repayment term, the total amount payable would be R17,269.60. This includes the initial loan amount, interest charges, initiation fee, and monthly service fee.

    It’s essential to carefully review the loan terms and associated costs before committing to any financial agreement. By considering these factors, borrowers can make informed decisions regarding their borrowing needs and ensure they can comfortably manage the loan repayments.


    Makro Loans offer a reliable and convenient financing solution for both personal and business needs. With competitive interest rates, flexible repayment options, and a seamless application process, Makro aims to make borrowing hassle-free for its customers. As a trusted retail brand, Makro brings its commitment to customer satisfaction and reliability to the realm of financial services, ensuring that borrowers can access funds with ease and confidence. Whether you’re looking to fund a personal project or expand your business, Makro Loans can be the part



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