Iema is a financial services provider with different loan options to suit your needs. There’s Personal, Educational, Pension backed for those who’d like to improve, extend or build their home according to their heart’s desire, Mini, Maxi and Emergency Loans.
Get up to R80 000 with Iemas Financial Services Loans. Their loan option offers competitive interest rates, up to 60 months to repay and has credit life cover available. Receive your annual Iemas benefit on interest paid.
And if you have an Identity Document (ID) or a certified copy of your ID, three latest payslips, one month’s bank statement and proof of residential address then you can apply for the loans.
You can apply online by visiting Iemas website at www.iemasfinancialservices.co.za or requesting a please call me back by filling out your personal details in the selected box then clicking on ‘submit’. Or you can also SMS with the specified “subject” according to the loan you’re applying for to 32297 (SMS costs R1) or email: firstname.lastname@example.org for application and enquiries.
Every application is evaluated on its own merit taking into account your affordability which is your income less expenses less external debt. Your basic salary is also considered.
The loans have insurance cover for in the case of death or when you’re declared 100% medically unfit to work. The policy will pay out and settle the outstanding balance of your loan. This policy doesn’t provide cover for retrenchment.
The Educational loan is for all levels of tuition from school, college and university. The Pension backed loan is for those who’d like to improve, extend or build their home according to their heart’s desire. While the Mini loan is for your short-term loan needs. It’s ideal for small expenses like school uniforms and stationery with a maximum amount of R15 000 to loan and a repayment loan term of up to 12 months.
Then with the Maxi and Emergency Loans, they’re ideal for when a crisis happens, as these loans offer a maximum amount of R6 000 to cover misfortunes. Such as death, illness or medical costs, unexpected loss or interruption of income, catastrophic loss of damage to your home or property due to fire, theft or a natural disaster.