Terms & Conditions

1. Introduction

Welcome to B BANNK. These terms and conditions outline the rules and regulations for the use of B BANNK's Website and services.

2. Loan Eligibility

To be eligible for a loan, you must be employed, a South African citizen or permanent resident, 18 years or older, and possess a valid South African ID and bank account.

3. Loan Terms

All loans are subject to a fixed repayment period of one (1) month. The interest rate applicable to all loans is thirty percent (30%) calculated on the principal loan amount for the one-month period.

4. Repayment Obligations

You are required to repay the loan amount plus accrued interest by the due date specified in your loan agreement. Failure to repay on time may result in additional charges and affect your credit score.

5. Data Protection and Privacy

By using our services, you consent to the collection and use of your personal information as outlined in our Privacy Policy. We are committed to protecting your data in accordance with applicable laws.

6. Credit Checks

You consent to B BANNK performing credit checks with registered credit bureaus as part of the loan application process and for account management purposes.

7. Amendments to Terms

We reserve the right to amend these terms and conditions at any time. Any changes will be posted on this page and will take effect immediately.

8. Governing Law

These terms and conditions are governed by and construed in accordance with the laws of South Africa.

9. Contact Us

If you have any questions about these Terms, please contact us via our Support Page.