Reviewed and updated: 12 October 2026 · MBC Finance
A loan application is assessed on your circumstances, not on a promise of approval. This guide explains MBC Finance’s current application requirements.
Income and eligibility
You must be permanently employed for at least 6 months or receive a pension. Income must be paid into a South African bank account in your own name. Self-employed and unemployed applicants, and applications based on child-support grants, cannot be assisted under our current policy.
Affordability and credit history
We consider verified income, living expenses, existing debt repayments and credit information. Meeting the basic requirements does not guarantee approval. Give complete and accurate information, including all financial commitments.
Documents and next steps
Prepare your SA ID and up-to-date bank statements covering the last 3 months. Employed applicants also need their latest payslip. Pensioners do not need a payslip; pension income must be verifiable. Further information may be requested.
Before accepting a loan
If approved, review the amount, full costs and repayment schedule in your quotation before signing. Terms may be up to 6 months depending on the approved product and assessment. Applicants under debt review or administration cannot be assisted under our current policy.